* Redfin Corporation(NASDAQ: RDFN
) rose 9.9% to $19.47 after the company reported better-than-expected Q2 EPS and sales results.
Meanwhile, top gainers in the sector included Sunstone Hotel Investors, Inc.(NYSE:SHO), up 4%, and Redfin Corporation(NASDAQ: RDFN
), up 10%.
Holdings (MDC), PulteGroup (PHM) and Toll Brothers (TOL), Zillow (Z) and Redfin (RDFN
Redfin (NASDAQ: RDFN
) announces its next round of earnings this Thursday, August 1.
Deleeuw's top ideas are Black Knight (BKI), Redfin (RDFN
), Euronet (EEFT) and Cannae Holdings (CNNE).
), up 4% after Piper Jaffray analyst Jason Deleeuw upgraded the stock to Overweight from Neutral and raised his price target for the shares to $26 from $17.
Holdings (MDC), PulteGroup (PHM), Toll Brothers (TOL), Zillow (Z), Redfin (RDFN
), Realogy (RLGY),
The exclusive referral partnership announced last night by RE/MAX Holdings (RMAX) and Redfin (RDFN
) should be mutually beneficial and makes a lot of sense strategically, William Blair analyst Stephen Sheldon tells investors in a research note.
OTHERS: Shares of real estate firms are also down across the board, with Zillow Group (Z) down 2%, Realogy Holdings (RLGY) lower by 3%, and Redfin (RDFN
) down 1.75%.
Susquehanna analyst Jack Micenko laid out a case for why he thinks Pulte (PHM) should buy Century Communities (CCS) and why Amazon.com (AMZN) should buy Redfin (RDFN
In a research note titled "2019 Playbook," the analyst also downgraded Booking Holdings (BKNG) and Redfin (RDFN
) to Hold from Buy.
Some companies that may be impacted by this include, Zillow (Z), Redfin (RDFN
), Lennar (LEN), KB Home (KBH), Toll Brothers TOL.