Barclays analyst Matthew Bouley upgraded Anywhere Real Estate (HOUS) to Equal Weight from Underweight with a price target of $11, up from $3.50, to reflect the pending takeover by Compass (COMP). Antitrust scrutiny of the deal is potential concern, the analyst tells investors in a research note. Barclays believes its $11 target “appropriately calibrates for potential risks of regulatory reviews.”
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOUS:
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
- Pfizer to acquire Metsera, Oracle names new CEOs: Morning Buzz
- BTIG sees several justifications for Compass, Anywhere deal
- Anywhere Real Estate upgraded to Neutral from Underweight at JPMorgan
- Anywhere Real Estate Stock Soars 55% as Compass Strikes $1.46 Billion Deal