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Fly News Breaks for April 15, 2015
Z
Apr 15, 2015 | 09:11 EDT
JMP Securities cut its price target on Zillow after the company provided lower than expected fiscal 2015 revenue and EBITDA guidance. However, the firm says that the miss was due to integration challenges at Trulia which the firm views as temporary and likely to be resolved this year The firm expects the company to report strong 2016 results and keeps an Outperform rating on the shares.
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