Guild Holdings price target raised to $19 from $17 at Wedbush

Wedbush analyst Jay McCanless raised the firm’s price target on Guild Holdings to $19 from $17 and keeps an Outperform rating on the shares. Guild reported adjusted EPS that was well above both the firm’s and consensus expectations, and the company anticipates that it will capture additional market share as it realizes the benefits of its expanded platform and team of loan officers, the analyst tells investors in a research note. Wedbush expects the company to continue to gain market share both organically and through additional M&A opportunities.