JonesResearch upgraded Re/Max Holdings (RMAX) to Buy from Hold with a $13.80 price target after The Real Brokerage (REAX) announced a deal to acquire Re/Max for $13.80 per share. The firm believes there are limited risks for closing and sees this transaction completed on time in the second half of the year.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RMAX: