BUZZ-Mortgage firm Guild climbs after Q4 revenue beat

Reuters03-07

** Shares of mortgage company Guild Holdings GHLD.N rise 5.3% to $13.79

** Late Thursday, GHLD reported Q4 revenue above Wall Street expectations

** Beat came as Q4 origination volumes vaulted 86% to $6.75 billion from a year earlier

** Jefferies says a better rate environment during Q1 and Q2 could boost purchase activity given improvement to housing inventory

** Maintains $16 PT, a 22% upside to stock's last close

** Three of six brokerages rate the stock "strong buy", one "hold" and two "sell"; median PT is $16.25 — LSEG data

** GHLD stock down 2% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

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