Susquehanna analyst Shyam Patil raised the firm’s price target on Zillow Group (ZG) to $75 from $55 and keeps a Neutral rating on the shares. The firm said they reported a solid 3Q despite a tough housing macro, and its newer growth initiatives continue to scale nicely, which should help drive incremental growth and overall margins higher over time.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 participates in a conference call with Maxim
- Zillow price target raised to $78 from $60 at Deutsche Bank
- Zillow Group price target raised to $50 from $36 at Barclays
- Zillow Group price target raised to $74 from $66 at RBC Capital
- Zillow Group price target raised to $82 from $62 at JMP Securities