Morgan Stanley Hikes Opendoor (OPEN) PT to $6 Ahead of Q3 Earnings
Group 1 - Opendoor Technologies Inc. has been identified as a stock that could potentially double in value over the next three years [1] - Morgan Stanley analyst Matthew Cost raised the price target for Opendoor from $2 to $6 while maintaining an Equal Weight rating ahead of the company's Q3 2025 earnings report [1][2] - The firm is optimistic about Opendoor's ability to leverage its current momentum in the residential real estate market [1] Group 2 - Opendoor operates a digital platform for residential real estate transactions in the US, focusing on buying and selling homes [2] - Morgan Stanley is emphasizing the importance of GPU-enabled revenue and returns, which may influence performance narratives in the context of Generative AI [2]