Deutsche Bank Initiates Coverage On Zillow Gr with Buy Rating, Announces Price Target of $50
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Benjamin Black has initiated coverage on Zillow Group (NASDAQ:ZG) with a Buy rating and set a price target of $50.
November 21, 2023 | 1:23 pm
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Deutsche Bank has initiated coverage on Zillow Group with a Buy rating and a price target of $50, which may positively influence investor sentiment and the stock's price.
Analyst ratings, especially from major banks like Deutsche Bank, can significantly impact stock prices in the short term. A Buy rating suggests confidence in the company's future performance, and setting a price target above the current market price can lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100