Rightmove lauded by broker as it outperforms expectations
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Rightmove PLC's mortgage and rental businesses are delivering double-digit revenue growth, leading Berenberg to increase its price target and maintain a 'buy' rating.
March 04, 2025 | 1:00 pm
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Rightmove's strategic growth in mortgage and rental businesses is outperforming expectations, leading Berenberg to raise its price target to 795p and maintain a 'buy' rating.
The double-digit revenue growth in Rightmove's mortgage and rental segments is a positive indicator for future performance. Berenberg's increased price target and maintained 'buy' rating suggest confidence in continued growth, likely boosting investor sentiment and short-term stock price.
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