UBS Maintains Neutral on Opendoor Technologies, Lowers Price Target to $2.75
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Lloyd Walmsley maintains a Neutral rating on Opendoor Technologies (OPEN) and lowers the price target from $3 to $2.75.

May 14, 2024 | 3:14 pm
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NEGATIVE IMPACT
UBS has maintained a Neutral rating on Opendoor Technologies but lowered the price target from $3 to $2.75, indicating a cautious outlook on the stock's short-term price movement.
The reduction in price target by UBS, despite maintaining a Neutral rating, suggests a slightly more cautious view on the stock's near-term prospects. This could lead to negative sentiment among investors, potentially impacting the stock's short-term price direction negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100