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Fly News Breaks for November 29, 2018
ZG
Nov 29, 2018 | 08:02 EDT
As previously reported, Craig-Hallum analyst Bradley Berning upgraded Zillow to Buy from Hold as new seller lead generation business could drive $1B revenue upside by 2021, which is too big to ignore. The analyst believes investors should focus on the out-year upsides and not 2019 EBITDA. Berning also raised his price target on the shares to $50 from $50 from $35.
News For ZG From the Last 2 Days
ZG
Apr 25, 2024 | 17:08 EDT
Real Estate Services Analysts, along with James Dwiggns, CEO of NextHome, discuss the latest perspectives on the proposed National Association of Realtors (NAR) Settlement and the implications on brokerage business models (relevant companies ZG/Z, CSGP, COMP, RDFN, EXPI, HOUS, FTHM, REAX, RMAX) on an Analyst/Industry conference call to be held on May 1 at 11 am.
ZG
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.
