Deutsche Bank lowered the firm’s price target on Opendoor Technologies to $1.85 from $2.40 and keeps a Hold rating on the shares. The firm says housing market weakness is driving a cautious outlook.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPEN:
- Opendoor Technologies sees Q3 revenue $1.2B-$1.3B, consensus $1.59B
- Opendoor Technologies reports Q2 EPS (13c), consensus (10c)
- Opendoor Technologies Releases New Earnings Supplement
- Opendoor Technologies options imply 14.4% move in share price post-earnings
- Unusually active option classes on open July 16th