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Fly News Breaks for May 5, 2017
ZG, Z
May 5, 2017 | 07:32 EDT
Canaccord analyst Michael Graham raised his price target on Zillow to $46 from $42 following strong Q1 results. The analyst cited its new ad buying platform, which is gaining momentum, strong top-line growth with solid conversion trends, and increased confidence in upside to estimates. Graham reiterated his Buy rating on Zillow shares.
News For Z;ZG From the Last 2 Days
ZG, Z
Apr 24, 2024 | 08:08 EDT
Jefferies raised the firm's price target on Zillow to $77 from $75 and keeps a Buy rating on the shares. The firm expects upside in Q1, though higher mortgage rates and softer housing data exiting the quarter could encourage Zillow to guide Q2 conservatively. Still, the firm sees tailwinds from new products driving upside to consensus in the coming years, the analyst added in a preview note for the U.S. Internet group.
