Citi lowered the firm’s price target on Zillow (Z) Group (ZG) to $87 from $98 and keeps a Buy rating on the shares. Citi’s tracking of Zillow Showcase listings suggests March incremental listings were 5,400, up 3% month-over-month, the analyst tells investors in a research note. The firm cites continued macro uncertainties for the target but believes Zillow’s product investments can deliver above-market growth.
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