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Frontdoor price target raised to $63 from $56 at Oppenheimer

Oppenheimer raised the firm’s price target on Frontdoor (FTDR) to $63 from $56 and keeps an Outperform rating on the shares following quarterly results. The firm has increased confidence in the FY25 outlook, growth trajectory of non-warranty revenues, and 2-10 integration/synergies.

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