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Published on 2 May 2022 on MarketWatch

Real estate technology stock price targets slashed ahead of earnings as home affordability worsens

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Wall Street was more cautious on real estate technology stocks on Monday, ahead of earnings reports later this week, as some analysts slashed price targets to reflect their concerns about housing affordability with interest rates rising.

Opendoor Technologies Inc. Zillow Group Inc. and Redfin Corp. all report first-quarter results on Thursday, May 5, after the closing bell.

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