Zillow Group price target lowered to $73 from $75 at Wells Fargo

Wells Fargo analyst Alec Brondolo lowered the firm’s price target on Zillow (Z) Group (ZG) to $73 from $75 and keeps an Equal Weight rating on the shares. Several drivers of Zillow Rentals accelerated in FY25, the firm notes. Wells also points out that share gains are likely to persist in FY26, but expects vacancy rate flips to a headwind.