JP Morgan Maintains Neutral on Redfin, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Dae Lee maintains a Neutral rating on Redfin (NASDAQ:RDFN) but lowers the price target from $8 to $7.
August 08, 2024 | 4:24 pm
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JP Morgan analyst Dae Lee maintains a Neutral rating on Redfin but lowers the price target from $8 to $7.
The lowered price target from $8 to $7 by JP Morgan suggests a less optimistic outlook for Redfin's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100