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UWM Holdings price target raised to $6 from $5 at Barclays

Barclays analyst Terry Ma raised the firm’s price target on UWM Holdings to $6 from $5 and keeps an Underweight rating on the shares as part of a Q2 earnings preview for mortgage finance. The firm reiterates its preference for balanced business models and mortgage credit into the quarter. It stays cautious on title due to trough volumes.

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