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Fly News Breaks for February 13, 2020
RDFN
Feb 13, 2020 | 07:53 EDT
RBC Capital analyst Mark Mahaney raised his price target on Redfin to $31 and kept his Outperform rating after its above-consensus Q4 results and Q1 guidance. The analyst notes that Redfin Now, though still financially uncertain, drove the upside as gross profit growth surged and gross margins expanded in all 3 of the company's segments. Mahaney also points to Redfin's RE services revenue growth accelerating to 31%.
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.