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Fly News Breaks for July 3, 2019
WD
Jul 3, 2019 | 07:23 EDT
Wedbush analyst Henry Coffey raised his price target for Walker & Dunlop to $65 from $60 to reflect the benefit associated with lower long-term rates and other factors, including the view that multi-family volumes will come in higher than expected by the two primary parties that tend to procrastinate on this issue and the expectation that the company's origination productivity per employee will increase at a higher rate than seen in the recent past. The analyst reiterates an Outperform rating on the shares.
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