UPDATE: Jefferies Starts Walker & Dunlop (WD) at Buy

November 8, 2021 4:26 AM EST
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Price: $98.13 +1.86%

Rating Summary:
    9 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 4 | Down: 13 | New: 10
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(Updated - November 8, 2021 7:54 AM EST)

Jefferies analyst Ryan Carr initiates coverage on Walker & Dunlop (NYSE: WD) with a Buy rating and a price target of $190.00.

The analyst commented, "WD's industry-leading platform, tech, & scale have afforded significant progress expanding vols/mkt share, adding new products/capabilities, & advancing the co. toward its significant '25 growth goals. Industry trends are robust - record home prices have spurred strong multifamily demand, while CRE maturities will triple by 2030. We believe WD is positioned to take disproportionate advantage of this, & foresee 57%+ EPS growth by '23."

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 $145.49 yesterday.

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