Canaccord lowered the firm’s price target on Zillow Group (ZG) to $72 from $84 and keeps a Hold rating on the shares. The firm said they reported a mixed Q4, with revenue exceeding expectations and profitability below consensus and near the mid-point of guidance, reflecting higher-than-expected legal expenses. Canaccord said they provided a solid Q1 revenue outlook and 2026 broadly inline with expectations.
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