JPMorgan Upgrades Guild Holdings Co. (GHLD) to Neutral

JPMorgan analyst Richard Shane upgraded Guild Holdings Co. (NYSE: GHLD) from Underweight to Neutral with a price target of $12.00 (from $12.50).

The analyst comments: "If the Trump administration's tariff plan remains in effect, it may force the Fed to cut rates, which could usher in a wave of refinancing activity. We would also expect gain on sale margins to expand as mortgage demand increases. We still see downside risk given uncertainty around tariff policy."

For an analyst ratings summary and ratings history on Guild Holdings Co. click here. For more ratings news on Guild Holdings Co. click here.

Shares of Guild Holdings Co. closed at $13.98 yesterday.

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