Redfin (RDFN) Upgraded to Buy: Here's What You Should Know

Redfin (RDFN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. As such, the Zacks rating upgrade for Redfin is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. For Redfin, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in t ...