Benchmark raised the firm’s price target on Zillow (Z) Group (ZG) to $110 from $100 and keeps a Buy rating on the shares. Zillow was “unusually forthcoming” around both near-term and medium-to-longer-term targets and its total addressable market opportunity on its earnings call, the analyst tells investors. The quarter itself was “relatively good despite what we had flagged as a rather aggressive consensus,” the analyst added.
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Read More on ZG:
- Zillow Group price target raised to $64 from $50 at Barclays
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- Zillow Group: Balancing Strategic Progress with Market Uncertainty
- Zillow Group price target lowered to $90 from $93 at Piper Sandler
- Zillow Group price target raised to $84 from $81 at BofA
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