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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 Overweight rating on the shares. The company’s Q4 results were solid, but a lack of questions on the earnings call and lower Q1 outlook drove a stock selloff, the analyst tells investors in a research note.

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