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Fly News Breaks for February 12, 2016
Z
Feb 12, 2016 | 08:50 EDT
Canaccord lowered its price target on Zillow to $26 from $32 following mixed Q4 results. The firm said they still believe in its long-term opportunity but the stock may be stuck until investors gain comfort that margins will lead higher. Canaccord maintained its Buy rating on Zillow shares.
News For Z From the Last 2 Days
Z
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.
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.
