The Goldman Sachs Analyst: Michael Ng maintained its neutral rating, but raised the price target from $4.50 to $5. Ng told investors that Redfin's optimism and reiteration of its goal to be profitable in 2023 and 2024 will be met with challenges. Redfin said to achieve its goal, the company plans to benefit from a series of measures, including the exit of its Redfin Now business, right-sizing its workforce, and an increase in revenue per brokerage transaction due to the elimination of the buyer refund.