JMP Securities Upgrades Zillow Gr to Market Outperform, Announces $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones has upgraded Zillow Group (ZG) from Market Perform to Market Outperform and set a price target of $60.
December 12, 2023 | 10:43 am
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POSITIVE IMPACT
Zillow Group was upgraded by JMP Securities from Market Perform to Market Outperform with a new price target of $60.
Analyst upgrades typically lead to positive short-term price movement as they suggest improved performance or market conditions for the company. The new price target of $60 indicates a significant upside potential from the current trading price, which can attract investors and drive up the stock price in the short term.
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