Analyst Expectations for Redfin's Future
Portfolio Pulse from Benzinga Insights
Redfin (NASDAQ:RDFN) has received indifferent ratings from three analysts in the last quarter, with an average price target of $10.0, implying an upside from the current price of $5.59. The average price target has increased by 16.96% over the past month.
October 24, 2023 | 2:00 pm
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POSITIVE IMPACT
Redfin has received indifferent ratings from three analysts, with an average price target of $10.0, implying an upside from the current price of $5.59.
The indifferent ratings from analysts suggest uncertainty about the company's performance. However, the average price target, which is almost double the current price, indicates potential upside. This could lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100