tiprankstipranks
Trending News
More News >

UWM Holdings price target lowered to $6 from $7 at Barclays

Barclays analyst Terry Ma lowered the firm’s price target on UWM Holdings (UWMC) to $6 from $7 and keeps an Equal Weight rating on the shares following the Q1 report. Technology and promotional pricing investments continue to weigh on the short-term results but should ultimately position UWM to be a long-term winner, the analyst tells investors in a research note. The firm sees a challenging volume environment for the company.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

1