JMP Securities Maintains Market Outperform on Offerpad Solutions, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones has maintained a Market Outperform rating on Offerpad Solutions (NYSE:OPAD) but lowered the price target from $14 to $12.
November 02, 2023 | 7:19 pm
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NEUTRAL IMPACT
Offerpad Solutions' price target has been lowered from $14 to $12 by JMP Securities, though the Market Outperform rating is maintained.
The news directly pertains to Offerpad Solutions (OPAD). The lowering of the price target might have a negative sentiment among investors, but the maintained Market Outperform rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100