Jefferies Maintains Hold on Offerpad Solutions, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Colantuoni has maintained a Hold rating on Offerpad Solutions (NYSE:OPAD) while lowering the price target from $3.5 to $3.
October 22, 2024 | 1:44 pm
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Jefferies analyst John Colantuoni maintains a Hold rating on Offerpad Solutions but lowers the price target from $3.5 to $3, indicating a cautious outlook.
The lowering of the price target from $3.5 to $3 by Jefferies suggests a less optimistic view on Offerpad's future performance, which could lead to a negative short-term impact on the stock price. The Hold rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100