Susquehanna raised the firm’s price target on Zillow Group (ZG) to $85 from $75 and keeps a Neutral rating on the shares. The firm said the company continues to execute on its strategic initiatives despite a challenging housing macro. As these initiatives progress, they should continue to help the company drive incremental growth and overall margins higher over time.
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Read More on ZG:
- Zillow downgraded to Neutral from Outperform at Zelman
- Zillow Group: Hold Rating Amid Strong Performance and High Valuation Concerns
- Zillow Group price target raised to $84 from $76 at Canaccord
- Zillow price target raised to $94 from $82 at Piper Sandler
- Zillow Group price target raised to $92 from $90 at KeyBanc