RealReal Lands Surprise Bull Note at B. Riley

The equity has shed nearly 40% since its IPO

Managing Editor
Dec 18, 2019 at 11:14 AM
facebook X logo linkedin

Luxury consignment retailer RealReal Inc (NASDAQ:REAL) is climbing higher this morning, enjoying post-bull note buzz out of B. Riley. The firm initiated coverage with a "buy" rating and $23 price target -- representing a nearly 32% upside to Tuesday night's close. Analyst Susan Anderson said she believes the company is well positioned to expand in its chosen market. In response, REAL is up 0.6%, at $17.64. 

After launching onto the public market in late June of this year, REAL has shed 39%. Overhead pressure from the newly formed 40-day trendline has been evident, with an added ceiling at the $18.50 mark. In terms of analyst outlook, six firms sport a "strong buy" recommendation coming into today, with just two "holds" and zero "sells." Meanwhile, the stock's average 12-month price target sits all the way up at $28.

While action in the options pits remains light, now looks like an attractive time for those looking to speculate on the equity to make a move. This is per the security's Schaeffer's Volatility Index (SVI) of 71% that ranks in the 7th percentile of its annual range, meaning options players are pricing in incredibly low volatility expectations right now. 


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI