Real-estate brokerage company Redfin’s shares climbed more than +6% Monday, following a rating upgrade by Stephens. Stephens analyst John Campbell raised his rating on the stock to overweight from underweight.He also increased his price target to $23 from $18.  Campbell cited Redfin’s market position, strategy, its drive towards e-commerce as factors behind the optimism.

RE/MAX came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.50 per share.These figures are adjusted for non-recurring items. Read more...