JMP Securities Maintains Market Outperform on Offerpad Solutions, Raises Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Offerpad Solutions (NYSE:OPAD) and raises the price target from $11 to $14.
June 30, 2023 | 12:59 pm
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POSITIVE IMPACT
Offerpad Solutions' price target has been raised from $11 to $14 by JMP Securities, maintaining a Market Outperform rating.
The news of JMP Securities raising the price target for Offerpad Solutions from $11 to $14 while maintaining a Market Outperform rating is likely to have a positive impact on the company's stock in the short term. This is because such an upgrade usually signals the analyst's increased confidence in the company's future performance, which can attract more investors and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100