Real Brokerage should benefit from DD agent/transactions growth, says B. Riley

Real Brokerage (REAX) should continue to benefit from sustained double-digit agent/transactions growth with increasing attach rates for high-margin ancillary services and stable operating expenses, while a market rebound in home transactions presents potential tailwind to transactions and profitability, B. Riley tells investors in a research note. The firm has a Buy rating and $8 price target on the shares.