Gordon Haskett Downgrades Redfin to Underperform, Announces $10.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Gordon Haskett analyst Robert Mollins has downgraded Redfin (NASDAQ:RDFN) from Hold to Underperform and announced a price target of $10.5.
July 19, 2023 | 11:07 am
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NEGATIVE IMPACT
Redfin has been downgraded to Underperform by Gordon Haskett, with a new price target of $10.5.
The downgrade from Hold to Underperform by Gordon Haskett indicates a negative outlook for Redfin. The new price target of $10.5, if significantly lower than the current price, could lead to a sell-off as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100