Citron puts $30 target on RealReal, calls Carvana of luxury retail

In a follow-up to its tweet yesterday, Andrew Left’s Citron Research issued a full bullish report on shares of RealReal (REAL). “Just like the used car market and CVNA, we see the same dynamic playing out in the luxury resale industry today with The RealReal,” Citron writes. The firm sees a “fantastic risk/reward at current levels” and put a $30 price target on RealReal shares. The stock in morning trading is up 10c to $13.30.

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire