Redfin Second-Quarter 2018 Revenue up 36% Year-over-Year to $142.6 Million

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Stephens Reiterates Underweight on Redfin (RDFN) Following 2Q

August 13, 2018 7:28 AM EDT

Stephens analyst, John Campbell, reiterated an Underweight rating and $17.00 price target on Redfin Corp. (NASDAQ: RDFN) following the company's 2Q earnings report. Total revenues of $142.6m came in ahead of the Street's $139.2mil. Adjusted EBITDA was also ahead of consensus.

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