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Fly News Breaks for January 25, 2016
Z
Jan 25, 2016 | 07:47 EDT
Canaccord lowered its price target on Zillow to $32 from $38 as they believe its model will be characterized by continued slower agent growth, funnel improvements, delayed operating leverage and a broader strategic focus. Canaccord maintained its Buy rating on Zillow shares.
News For Z From the Last 2 Days
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.
