Opendoor Technologies (OPEN) PT Raised to $5 at UBS: Aims for Positive Unit Economics

UBS analyst Stephen Ju raised the price target on Opendoor Technologies (NASDAQ: OPEN) to $5.00 (from $1.60) while maintaining a Neutral rating.

The analyst commented, "Opendoor’s print is best viewed as another reset point, where revenue is stepping down sharply, EBITDA losses remain elevated, and the company is still working to prove that it can deliver consistent positive unit economics."

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