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Redfin price target raised to $30 from $25

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jimmybob Member Level  Monday, 01/27/20 09:37:43 AM
Re: jimmybob post# 338806
Post # of 349431 
Redfin price target raised to $30 from $25 at Stephens
Stephens analyst John Campbell raised his estimates for Redfin, increased his price target on the stock to $30 from $25 and is recommending that investors take positions or add to their holdings ahead of the upcoming earnings report given his view that the company will deliver strong results and "supply plenty of upbeat outlook commentary." The analyst, who believes Redfin could see gross margin expansion across all of its individual segments in 2020 while it further develops several of its compelling long-term business drivers, reiterated an Overweight rating on the stock

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