Jefferies Maintains Hold on Redfin, Raises Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Colantuoni maintains a Hold rating on Redfin (NASDAQ:RDFN) and raises the price target from $7.5 to $11.5.
October 22, 2024 | 1:48 pm
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Jefferies analyst John Colantuoni maintains a Hold rating on Redfin and raises the price target from $7.5 to $11.5, indicating a more optimistic outlook.
The increase in price target from $7.5 to $11.5 by Jefferies suggests a more optimistic view on Redfin's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
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