Wedbush Maintains Neutral on Offerpad Solutions, Lowers Price Target to $5
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Jay McCanless has maintained a Neutral rating on Offerpad Solutions (NYSE:OPAD) and lowered the price target from $7 to $5.
August 07, 2023 | 12:47 pm
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NEGATIVE IMPACT
Offerpad Solutions' price target has been lowered from $7 to $5 by Wedbush, while maintaining a Neutral rating.
The lowering of the price target by a prominent analyst could negatively impact the stock's price in the short term as it indicates a lower expected value. The maintained Neutral rating suggests that the analyst does not see significant upside potential in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100