Zacks Investment Research upgraded shares of Frontdoor (NASDAQ:FTDR) from a strong sell rating to a hold rating in a research note published on Monday.
According to Zacks, “Frontdoor Inc. is the parent company of home service plan brands consisting of American Home Shield, HSA, Landmark and OneGuard. The company’s customizable home service plans help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. Frontdoor Inc. is based in TN, United States. “
A number of other brokerages have also recently issued reports on FTDR. Compass Point dropped their target price on shares of Frontdoor from $51.75 to $42.00 and set a buy rating for the company in a report on Tuesday, November 6th. Oppenheimer set a $40.00 target price on shares of Frontdoor and gave the company a buy rating in a report on Thursday, December 13th. ValuEngine raised shares of Frontdoor from a sell rating to a hold rating in a report on Saturday, January 5th. Finally, Buckingham Research assumed coverage on shares of Frontdoor in a report on Friday, November 30th. They issued a buy rating and a $29.00 target price for the company. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Frontdoor currently has a consensus rating of Buy and a consensus price target of $42.80.
Frontdoor Company Profile
frontdoor, inc. provides home service plans to homeowners under the American Home Shield, HSA, Landmark, and OneGuard brands in the United States. The company's home service plans cover the repair or replacement of components of up to 21 household systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as central heating, ventilation and air conditioning systems.
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