JPMorgan lowered the firm’s price target on Redfin (RDFN) to $7 from $8 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q4 report. Redfin “has a lot on its plate” in 2025, including the transition to the Redfin Next program and Zillow partnership, marketing ramp, and navigating through the housing market challenges, the analyst tells investors in a research note.
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