Keefe, Bruyette & Woods Maintains Market Perform on RE/MAX Hldgs, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Thomas McJoynt-Griffith maintains a Market Perform rating on RE/MAX Holdings (RMAX) and lowers the price target from $11 to $10.

February 28, 2024 | 4:57 pm
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RE/MAX Holdings' price target was lowered from $11 to $10 by Keefe, Bruyette & Woods, but the Market Perform rating was maintained.
The adjustment in price target by a reputable analyst firm like Keefe, Bruyette & Woods could influence investor sentiment. However, since the rating remains unchanged at Market Perform, the immediate impact on the stock price might be neutral. Investors may have already anticipated adjustments in valuation metrics, leading to a balanced short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90