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Stock impact report

BTIG Reiterates Buy Rating on UWM Holdings (UWMC) [Yahoo! Finance]

UWM Holdings Corporation Class A (UWMC) 
Company Research Source: Yahoo! Finance
UWM Holdings Corp (NYSE: UWMC ) is one of the 10 best financial stocks with highest upside potential On March 10, BTIG reiterated a Buy rating on UWM Holdings Corp (NYSE:UWMC) with a $10 price target, following the company's increased revenue outlook ahead of the March 16 merger vote. Copyright: lightphoto / 123RF Stock Photo The firm is confident that Two Harbors (TWO) shareholders will approve the merger. UWM is one of the more compelling opportunities from a near-term perspective, and potentially the stock can rise by over 10% quickly if interest rate volatility stabilizes. BTIG's forecast leads to a potential upside of more than 167% at the current level. On February 26, Jefferies reduced the firm's price target on UWM Holdings Corp (NYSE:UWMC) to $4.40 from $5. The firm maintained a Hold rating on the shares, which still yields an adjusted upside potential of almost 18%. Jefferies stated that the company's first-quarter revenue guidance of $650 million to $850 million Show less Read more
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