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Frontdoor price target raised to $71 from $67 at Truist

Truist raised the firm’s price target on Frontdoor (FTDR) to $71 from $67 and keeps a Buy rating on the shares. The firm cites the company’s outperformance in the second quarter along with higher assumed revenue and EBITDA, consistent with management guidance, the analyst tells investors in a research note.

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