RealReal price target raised to $8 from $7 at UBS

UBS analyst Jay Sole raised the firm’s price target on RealReal (REAL) to $8 from $7 and keeps a Neutral rating on the shares. RealReal delivered Q2 revenue, gross margin, and adjusted EBITDA beats, while raising its fiscal 2025 EBITDA outlook by 22% at the midpoint, the analyst tells investors in a research note. The firm is more positive on RealReal’s ability to generate quality supply and drive operational efficiencies, but doesn’t see a catalyst that will drive the stock price higher than the current price target