Canaccord analyst Maria Ripps raised the firm’s price target on Zillow Group (ZG) to $84 from $76 and keeps a Hold rating on the shares. The firm said they reported solid Q2 results, with revenue coming in about 1% ahead of consensus and the upper end of guidance, and profitability was also at the high end of the outlook range.
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 price target raised to $94 from $82 at Piper Sandler
- Zillow Group price target raised to $92 from $90 at KeyBanc
- Zillow Group price target raised to $66 from $60 at Barclays
- Zillow price target raised to $88 from $81 at BofA
- Zillow Group: Strong Buy Rating Amid Robust Growth and Strategic Initiatives