RealReal price target raised to $10.50 from $8 at UBS

UBS raised the firm’s price target on RealReal (REAL) to $10.50 from $8 and keeps a Neutral rating on the shares. The firm’s checks suggest RealReal’s Q3 sales trends continued to gain momentum, though this is likely already priced in, the analyst tells investors in a research note. UBS does not expect the Q3 print to lead to the Street significantly revising its estimates or the stock’s multiple moving much.