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BTIG Reaffirms Their Hold Rating on Redfin (RDFN)

BTIG analyst Jake Fuller maintained a Hold rating on Redfin (RDFNResearch Report) on November 10. The company’s shares closed last Friday at $5.23.

According to TipRanks, Fuller is a 3-star analyst with an average return of 3.1% and a 49.32% success rate. Fuller covers the Services sector, focusing on stocks such as Booking Holdings, Expedia, and TripAdvisor.

In addition to BTIG, Redfin also received a Hold from Needham’s Bernie McTernan in a report issued on November 10. However, on the same day, Compass Point downgraded Redfin (NASDAQ: RDFN) to a Sell.

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The company has a one-year high of $48.60 and a one-year low of $3.08. Currently, Redfin has an average volume of 4.82M.

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Redfin Corp. provides real estate brokerage services. The firm engages in buying and selling homes. It operates through the following segments: Real Estate Services and Properties. The Real Estate Services segment consists of revenue transactions. The Properties segment consists of home purchase costs, capitalized improvements, selling expenses and home maintenance expenses. The company was founded by David Selinger, David Eraker, and Michael Dougherty in 2004 and is headquartered in Seattle, WA.

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