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JMP Securities Maintains a Buy Rating on Offerpad Solutions (OPAD)

JMP Securities analyst Nicholas Jones CFA maintained a Buy rating on Offerpad Solutions (OPADResearch Report) today and set a price target of $8.50. The company’s shares closed last Wednesday at $2.09, close to its 52-week low of $2.01.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 16.3% and a 52.6% success rate. CFA covers the Technology sector, focusing on stocks such as Opendoor Technologies, Zillow Group Class A, and PropertyGuru Group.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Offerpad Solutions with a $6.30 average price target, representing a 175.1% upside. In a report issued on July 22, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $10.00 price target.

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The company has a one-year high of $20.97 and a one-year low of $2.01. Currently, Offerpad Solutions has an average volume of 1.32M.

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