Gordon Haskett upgraded Redfin to Hold from Underperform. The firm says the shares now better reflect the housing market “woes’ after falling 56% since its downgrade to Underperform on July 19.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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>>
See the top stocks recommended by analysts >>
Read More on RDFN:
- Here’s What Kept Redfin (NASDAQ:RDFN) & Other Real Estate Stocks Under Pressure Yesterday
- Redfin put volume heavy and directionally bearish
- Redfin call volume above normal and directionally bullish
- Redfin upgraded, CSSE downgraded: Wall Street’s top analyst calls
- Oppenheimer upgrades Redfin to Perform on valuation