Real Brokerage price target raised to $3.50 from $2.75 at Roth MKM

Roth MKM raised the firm’s price target on Real Brokerage to $3.50 from $2.75 and keeps a Buy rating on the shares. The firm is adjusting its model to anticipate better growth of agents and transactions. Roth MKM adds that while Real Brokerage is the clear growth leader in the Digital real estate space, its recent Private Label/Pro Teams announcement should add to topline growth going forward.