Citizens JMP upgraded Walker & Dunlop to Outperform from Market Perform with a $95 price target Walker & Dunlop’s capital-light business is closely tied to interest rates, and the company’s transaction and lending activity should see a boost as lower rates spurs more demand, the analyst tells investors in a research note. The firm says the futures suggest an additional 100 basis points of rate cuts through 2026, which should put the company in a “great position” to take advantage of improving multifamily real estate market conditions.
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