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Opendoor Technologies price target lowered to $2.20 from $2.70 at Citi

Citi analyst Ygal Arounian lowered the firm’s price target on Opendoor Technologies to $2.20 from $2.70 and keeps a Neutral rating on the shares. The company reported Q3 revenue and homes sold below expectations and Q4 revenue and EBITDA guidance below consensus as well, the analyst tells investors in a research note.

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