Benchmark raised the firm’s price target on Zillow (Z) Group (ZG) to $110 from $100 and keeps a Buy rating on the shares. Zillow was “unusually forthcoming” around both near-term and medium-to-longer-term targets and its total addressable market opportunity on its earnings call, the analyst tells investors. The quarter itself was “relatively good despite what we had flagged as a rather aggressive consensus,” the analyst added.
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