Redfin Reports Low-Income Americans Have Lost the Homebuying Progress They Made During the Pandemic

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Redfin Corp. (RDFN) PT Lowered to $8 at RBC Capital

May 8, 2024 6:30 AM EDT

RBC Capital analyst Brad Erickson lowered the price target on Redfin Corp. (NASDAQ: RDFN) to $8.00 (from $9.00) while maintaining a Sector Perform rating.

The analyst comments "RDFN's Q1 was ok but obviously, a highly challenged real estate market seems the immovable object vs. any... More