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Analysts Offer Insights on Real Estate Companies: Redfin (RDFN) and BRC (BRCC)

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Redfin (RDFNResearch Report) and BRC (BRCCResearch Report).

Redfin (RDFN)

D.A. Davidson analyst Tom White maintained a Hold rating on Redfin today. The company’s shares closed last Wednesday at $6.25, close to its 52-week low of $4.26.

According to TipRanks.com, White is a 3-star analyst with an average return of 2.0% and a 43.6% success rate. White covers the Technology sector, focusing on stocks such as Aurora Innovation, Uber Technologies, and Trade Desk.

The word on The Street in general, suggests a Hold analyst consensus rating for Redfin with a $6.68 average price target, implying a -4.6% downside from current levels. In a report issued on April 24, Jefferies also maintained a Hold rating on the stock with a $5.50 price target.

See the top stocks recommended by analysts >>

BRC (BRCC)

In a report released today, Michael Baker from D.A. Davidson maintained a Buy rating on BRC. The company’s shares closed last Wednesday at $4.26.

According to TipRanks.com, Baker is a 4-star analyst with an average return of 5.9% and a 60.2% success rate. Baker covers the NA sector, focusing on stocks such as Dick’s Sporting Goods, BuildABear Workshop, and The Lovesac Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BRC with a $6.38 average price target, which is a 54.1% upside from current levels. In a report issued on May 6, Telsey Advisory also maintained a Buy rating on the stock with a $8.00 price target.

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