Zillow Group price target raised to $84 from $81 at BofA

BofA raised the firm’s price target on Zillow (Z) Group (ZG) to $84 from $81 and keeps a Neutral rating on the shares. Q4 revenue and EBITDA beat expectations, but the Q1 outlook was below Street forecasts, the analyst tells investors. For 2025, the firm is lowering revenue estimates by 1% and EBITDA by 5% following the report and guidance, but increasing its target to $84 due to higher cash than previously modeled, the analyst noted.