tiprankstipranks
RealReal price target raised to $6.50 from $6 at Northland
The Fly

RealReal price target raised to $6.50 from $6 at Northland

Northland analyst Bobby Brooks raised the firm’s price target on RealReal (REAL) to $6.50 from $6 and keeps an Outperform rating on the shares. Last week’s “robust” pre-release was “overshadowed by the surprise CEO change,” but the firm says it is confident that Ms. Levesque is the right successor and adds that its “bullishness on REAL shares is unchanged,” calling it “the clear leader in the secondary market for luxury goods.”

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App