Citi analyst Ygal Arounian lowered the firm’s price target on Opendoor Technologies (OPEN) to $1.40 from $1.80 and keeps a Neutral rating on the shares. The company reported Q4 results ahead of guidance, but the Q1 guidance was well below and indicates a still soft macro environment, as management focuses on improving profitability in 2025, the analyst tells investors in a research note.
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