Opendoor Closed Lower After UBS and Deutsche Bank Cuts

Opendoor closed lower on August 27, 2026. The decline accelerated after the company posted Q2 revenue of $883 million that missed the $906 million consensus and a wider $0.17 loss per share, and after UBS cut its target to $4.50 while Deutsche Bank trimmed its target to $4.25. The stock had traded…