Northland analyst Bobby Brooks raised the firm’s price target on RealReal (REAL) to $20 from $16 and keeps an Outperform rating on the shares. The firm rolled out 2027 estimates for the company, seeing continued double-digit revenue growth driven by RealReal’s core consignment unit growing 11% year-over-year. Northland believes 2027 is when the company’s operating leverage will begin to show. RealReal should continue its “stellar execution” through 2026 and into 2027, the analyst tells investors in a research note. It believes the company is uniquely poisoned to benefit from the growing acceptance of used luxury goods.
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