The RealReal Appoints Rati Sahi Levesque as Chief Executive Officer

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BTIG Reiterates Buy Rating on The RealReal Inc. (REAL)

October 29, 2024 5:49 AM EDT

BTIG analyst Marvin Fong reiterated a Buy rating and $3.50 price target on The RealReal Inc. (NASDAQ: REAL)

The analyst comments "This morning, before the market open, REAL announced that Rati Sahi Levesque, President & COO, has been appointed CEO effective immediately. REAL's prior CEO, John Koryl, has departed the company after occupying the CEO role since February 2023. Investors know Ms. Levesque well as she helped co-found the company and has served in senior roles ever since, including a stint as interim Co-CEO from June 2022-January 2023. While REAL shares have done... More