Jefferies Maintains Hold on Offerpad Solutions, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Colantuoni has maintained a 'Hold' rating on Offerpad Solutions (NYSE:OPAD) and raised the price target from $7.5 to $11.
July 25, 2023 | 3:26 pm
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POSITIVE IMPACT
Offerpad Solutions' price target has been raised from $7.5 to $11 by Jefferies, while maintaining a 'Hold' rating.
The increase in price target by Jefferies indicates a positive outlook for Offerpad Solutions. This could potentially lead to an increase in the stock price in the short term. However, the 'Hold' rating suggests that the stock is expected to perform at the current market level, which might limit the potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100