Bernstein raised the firm’s price target on Zillow (Z) Group (ZG) to $60 from $50 and keeps a Market Perform rating on the shares following quarterly results. While the interest rate backdrop remains a challenge for the sector at large, Zillow is executing against its longer-term vision of creating a more holistic digital ecosystem for consumers and agents alike, with more functionality. 2025 appears set-up to be more of the same – more markets, more investment, the firm says.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZG:
- Zillow Group price target raised to $70 from $55 at Craig-Hallum
- Zillow Group price target raised to $64 from $56 at Canaccord
- Zillow Group price target raised to $80 from $65 at Benchmark
- Zillow Group price target raised to $75 from $71 at DA Davidson
- Zillow Group price target raised to $73 from $62 at Piper Sandler