Wedbush Raises Price Target on Walker & Dunlop (WD) Following 3Q

November 22, 2016 8:00 AM EST
Get Alerts WD Hot Sheet
Price: $30.39 -0.43%

Rating Summary:
    4 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Wedbush reiterates Neutral rating on Walker & Dunlop (NYSE: WD), and raised the price target to $28.00 (from $26.75), following the company's 3Q earnings report.

Analyst Jason Weaver commented, "We maintain our NEUTRAL rating and Operating EPS estimate for Q4 this year of $0.96. Due to the company’s TTM Gain on Sale (GOS) margins and targeted 2016 origination guidance, we are raising forecasted EPS for 2017."

For an analyst ratings summary and ratings history on Walker & Dunlop click here. For more ratings news on Walker & Dunlop click here.

Shares of Walker & Dunlop closed at $29.38 yesterday.

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