JMP Securities Maintains Market Outperform on Opendoor Technologies, Raises Price Target to $5
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Opendoor Technologies (NASDAQ:OPEN) and raises the price target from $2.5 to $5.
June 29, 2023 | 1:38 pm
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POSITIVE IMPACT
Opendoor Technologies' price target has been raised from $2.5 to $5 by JMP Securities, maintaining a Market Outperform rating.
The news of JMP Securities raising the price target for Opendoor Technologies and maintaining a Market Outperform rating is likely to have a positive impact on the company's stock in the short term. Investors may see this as a sign of confidence in the company's future performance, potentially driving up demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100