RealReal (NASDAQ:REAL) Price Target Lowered to $24.00 at Bank of America

RealReal (NASDAQ:REAL) had its target price lowered by Bank of America from $28.00 to $24.00 in a research note published on Monday morning, BenzingaRatingsTable reports. Bank of America currently has a neutral rating on the stock.

Other analysts also recently issued research reports about the company. Stifel Nicolaus assumed coverage on RealReal in a research note on Tuesday, July 23rd. They issued a buy rating and a $30.00 price target on the stock. Cowen assumed coverage on RealReal in a research note on Tuesday, July 23rd. They issued an outperform rating and a $32.00 price target on the stock. Credit Suisse Group assumed coverage on RealReal in a research note on Tuesday, July 23rd. They issued an outperform rating and a $30.00 price target on the stock. KeyCorp assumed coverage on RealReal in a research note on Tuesday, July 23rd. They issued an overweight rating and a $31.00 price target on the stock. Finally, Raymond James assumed coverage on RealReal in a research note on Tuesday, July 23rd. They issued a market perform rating on the stock. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. RealReal presently has an average rating of Buy and a consensus target price of $26.71.

Shares of NASDAQ:REAL traded down $0.68 during midday trading on Monday, hitting $17.20. The company had a trading volume of 356,356 shares, compared to its average volume of 764,620. RealReal has a 12 month low of $17.67 and a 12 month high of $30.05.



Hedge funds and other institutional investors have recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new position in RealReal during the second quarter worth about $63,000. Pendal Group Ltd bought a new position in shares of RealReal during the second quarter worth $146,000. CIBC Private Wealth Group LLC bought a new position in shares of RealReal during the second quarter worth $575,000. Artal Group S.A. bought a new position in shares of RealReal during the second quarter worth $578,000. Finally, Pictet Asset Management Ltd. bought a new position in shares of RealReal during the second quarter worth $580,000. Institutional investors own 9.47% of the company’s stock.

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