Information Provided By: 
Fly News Breaks for April 20, 2016
Z
Apr 20, 2016 | 07:34 EDT
Canaccord said the comScore audience trends at Zillow and Trulia this past quarter are encouraging. However, the firm said they would be surprised by material guidance increases for 2016, as they expect the Move litigation to remain an important issue near-term. Canaccord reiterated its Buy rating and $26 price target 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.
