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Fly News Breaks for August 2, 2019
RDFN
Aug 2, 2019 | 09:55 EDT
Compass Point analyst Chris Gamaitoni earlier today upgraded Redfin to Buy from Neutral and raised his price target for the shares to $23.50 from $22. The stock in early trading is up 5% to $18.56. Last night's Q2 results show Redfin's market share story is on track, Gamaitoni tells investors in a research note. The analyst expects increased brand awareness to translate to share gains over time. He believes the company has a differentiated offering with "real potential" to disrupt the real estate brokerage business.
News For RDFN From the Last 2 Days
RDFN
Apr 25, 2024 | 17:08 EDT
Real Estate Services Analysts, along with James Dwiggns, CEO of NextHome, discuss the latest perspectives on the proposed National Association of Realtors (NAR) Settlement and the implications on brokerage business models (relevant companies ZG/Z, CSGP, COMP, RDFN, EXPI, HOUS, FTHM, REAX, RMAX) on an Analyst/Industry conference call to be held on May 1 at 11 am.
RDFN
Apr 23, 2024 | 09:41 EDT
Unusual total active option classes on open include: ImmunityBio (IBRX), Halliburton (HAL), Redfin (RDFN), Nokia (NOK), Matterport (MTTR), General Motors (GM), UPS (UPS), Philip Morris (PM), PepsiCo (PEP), and General Electric (GE).