Should You Buy New IPO Redfin Stock? 4 Analysts Vote "No"
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
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Pity the folks who bought into Redfin's (NASDAQ: RDFN) IPO. Wall Street sold them the stock, and it did quite well initially -- but now, Wall Street wants no part of it.
Source: Fool.com