Jefferies analyst John Colantuoni lowered the firm’s price target on Zillow to $60 from $65 and keeps a Buy rating on the shares. The firm is cautious on sensitivity to elevated rates, the analyst tells investors in a Q3 preview note for the U.S. internet group.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on Z:
- Zillow put volume heavy and directionally bearish
- Jefferies tech/communications analyst holds analyst/industry conference call
- Zillow Home Loans offers a 1% down payment option
- NYC’s short-term rental regulations may hurt companies like Airbnb, WSJ says
Questions or Comments about the article? Write to editor@tipranks.com