Roth MKM Maintains Buy Rating for Real Brokerage: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Roth MKM has reaffirmed its Buy rating on Real Brokerage (NASDAQ:REAX) and increased its price target from $2.75 to $3.50. Real Brokerage's shares are currently trading at $2.52, up 0.8% over the last 24 hours. The new price target suggests a potential upside of 38.89% from the current share price. Real Brokerage is a technology-powered real estate brokerage firm that offers a cloud-based platform to real estate agents.
January 18, 2024 | 5:00 pm
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Roth MKM maintains its Buy rating on Real Brokerage and raises the price target to $3.50, suggesting a significant upside from the current price.
The reaffirmation of a Buy rating and an increased price target by Roth MKM is a strong positive signal to the market, often leading to increased investor confidence and potential share price appreciation in the short term. The substantial potential upside of 38.89% from the current share price to the new target price is likely to attract investor interest and could drive the stock price up.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100