Baird analyst Mark Altschwager raised the firm’s price target on RealReal to $3.25 from $2.75 and keeps an Outperform rating on the shares. The firm said Q2 profitability was ahead of expectations with stable 2023 guidance pointing to rapid reduction in EBITDA losses in the coming quarters and reiteration of plans for 2024 profitability.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on REAL: