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Stock impact report

Keefe Bruyette Cuts PT on UWM Holdings (UWMC) to $5 From $6 [Yahoo! Finance]

UWM Holdings Corporation Class A (UWMC) 
Company Research Source: Yahoo! Finance
Holdings Corporation (NYSE:UWMC) to $5 from $6 on April 10, reiterating a Market Perform rating on the shares. UWM Holdings Corporation (NYSE:UWMC) also received a rating update from Barclays on April 6. The firm cut the price target on the stock to $5 from $6, and maintained an Overweight rating on the shares. Barclays told investors in a research note that it adjusted mortgage finance targets as part of a fiscal Q1 earnings preview, adding that higher rates have reset valuations lower. Why UWM Holdings Corp. (UWMC) Crashed On Monday The firm also said that despite a 40 basis point increase from the February trough for the 30-year fixed-rate mortgage, it is only modestly higher when compared to the start of the year. It sees positive risk/rewards at current valuations for the mortgage origination-levered stocks. In a separate development, UWM Holdings Corporation (NYSE:UWMC) updated its outlook for fiscal Q1 and full year 2026 on March 9, stating that the company's total loan o Show less Read more
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