RealReal price target raised to $5.50 from $4 at BTIG

BTIG analyst Marvin Fong raised the firm’s price target on RealReal (REAL) to $5.50 from $4 and keeps a Buy rating on the shares. The firm hosted the company’s management for investor meetings, and the tone of the discussion was constructive, going into greater detail on the topics of supply growth, operating leverage, competition and capital structure while giving BTIG incremental confidence in RealReal’s prospects, the analyst tells investors in a research note. Entering 2025, RealReal is seen as one of the better-positioned companies in coverage as its value proposition for consumers is likely to resonate in any economic environment, the analyst added.