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Fly News Breaks for December 10, 2019
RDFN
Dec 10, 2019 | 07:45 EDT
DA Davidson analyst Tom White upgraded Redfin to Buy from Neutral with a price target of $25, up from $18.50. The analyst cites his increased belief in the potential of the company's Mortgages/Titlebusinesses, which he estimates generating up to $55M of EBITDA by 2025 and representing up to 40% of the company's total. White is also positive on Redfin's "generally solid" listing share trends and the benefits of "historically low mortgage rates" continuing into next year.
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 24, 2024 | 11:36 EDT
