UWM Holdings Corporation (NYSE:UWMC – Get Free Report) shares were down 3.8% during trading on Monday after Morgan Stanley downgraded the stock from an overweight rating to an equal weight rating. Morgan Stanley now has a $6.50 price target on the stock, up from their previous price target of $4.50. BTIG Research reissued a “buy” rating and issued a $10.00 price target on shares of UWM in a research note on Monday, September 22nd. UWM Stock Down 0.2%The firm has a market cap of $9.96 billion, a PE ratio of -124.50 and a beta of 1.75. UWM Company Profile(Get Free Report)UWM Holdings Corporation engages in the residential mortgage lending business in the United States.