Barclays analyst Matthew Bouley lowered the firm’s price target on Anywhere Real Estate to $5 from $7 and keeps an Underweight rating on the shares post the Q4 results. Anywhere "has acute challenges" in managing costs regardless of the housing market, reflecting its upward agent costs, the analyst tells investors in a research note.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on HOUS: