Citigroup Maintains Neutral on Redfin, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ygal Arounian maintains a Neutral rating on Redfin (NASDAQ:RDFN) and raises the price target from $8.6 to $11.
August 07, 2023 | 11:24 am
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Citigroup maintains a Neutral rating on Redfin and raises the price target from $8.6 to $11.
The news is directly related to Redfin as Citigroup maintains a Neutral rating on the company and raises the price target. This suggests that Citigroup sees potential in Redfin but is not overly bullish, which could influence investor sentiment and potentially the stock price. However, as the rating is Neutral, the immediate impact on the stock price may be limited.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100