Keefe, Bruyette & Woods Upgrades Opendoor Technologies to Market Perform, Raises Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Will Jones has upgraded Opendoor Technologies (OPEN) from Underperform to Market Perform and increased the price target from $1.65 to $3.5.
December 13, 2023 | 9:09 am
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POSITIVE IMPACT
Opendoor Technologies was upgraded by Keefe, Bruyette & Woods from Underperform to Market Perform, with a raised price target from $1.65 to $3.5.
The upgrade from Underperform to Market Perform by a reputable analyst firm like Keefe, Bruyette & Woods, along with a significant increase in the price target, is likely to be viewed positively by investors. This could lead to increased investor confidence and a potential short-term rise in OPEN's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100