Citizens JMP downgrades Opendoor Technologies Inc.

Opendoor Technologies Inc. (NASDAQ:OPEN) is considered one of the best stocks for a quick return. Citizens JMP downgraded OPEN from ‘Market Outperform’ to ‘Market Perform’ due to a shift in its business model to a more limited agent-driven role. Despite potential upside, concerns remain about the company’s high debt-to-equity ratio.

Opendoor Technologies Inc. (NASDAQ:OPEN) facilitates residential real estate transactions in the U.S. through its platform, offering various services. While OPEN is a promising investment, some analysts believe other AI stocks have greater upside potential and less downside risk. For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Citizens JMP Downgrades Opendoor Technologies Inc. (OPEN) from ‘Market Outperform’ to ‘Market Perform’