RealReal price target raised to $7 from $6 at UBS

UBS raised the firm’s price target on RealReal (REAL) to $7 from $6 and keeps a Neutral rating on the shares. RealReal delivered a “solid” Q1 report, reiterated guidance for fiscal 2025, and issued Q2 revenue growth guidance of 9% year over year at the midpoint, the analyst tells investors in a research note. RealReal is doing “well,” and UBS has increased confidence in the business.