Keefe, Bruyette & Woods Maintains Underperform on Offerpad Solutions, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Ryan Tomasello maintains an Underperform rating on Offerpad Solutions (OPAD) and lowers the price target from $6.25 to $6.
May 08, 2024 | 1:51 pm
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Offerpad Solutions' price target was lowered from $6.25 to $6 by Keefe, Bruyette & Woods, maintaining an Underperform rating.
A reduction in price target, especially when accompanied by an Underperform rating, typically signals a bearish outlook on the stock by the analyst. This could influence investor sentiment negatively, leading to potential short-term price declines.
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