Stephens & Co. Upgrades Redfin to Overweight, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst John Campbell upgraded Redfin (NASDAQ:RDFN) from Equal-Weight to Overweight and increased the price target from $8 to $9.

May 08, 2024 | 3:52 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Redfin's upgrade from Equal-Weight to Overweight by Stephens & Co. and the increase in price target from $8 to $9.
The upgrade to Overweight and the increase in price target by a reputable analyst like John Campbell from Stephens & Co. are strong positive signals for Redfin. Such endorsements typically lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100