eXp World Holdings price target lowered to $10.25 from $11 at DA Davidson

DA Davidson lowered the firm’s price target on eXp World Holdings (AGNT) to $10.25 from $11 and keeps a Buy rating on the shares. The firm notes that the company saw solid Q1 execution amid a tepid housing market and unstable macro backdrop. DA Davidson further cites eXp World Holdings’ total agent count declining vs. Q4, along with its checks indicating that this trend has largely persisted thus far in Q2.