RBC Capital Reiterates Outperform on Zillow Gr, Maintains $56 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has reiterated an Outperform rating on Zillow Group (NASDAQ:ZG) and maintained a price target of $56.
December 14, 2023 | 3:40 pm
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RBC Capital analyst Brad Erickson reaffirmed an Outperform rating on Zillow Group with a $56 price target, indicating a positive outlook for the stock.
The reiteration of an Outperform rating by a major analyst like RBC Capital suggests a bullish stance on Zillow Group's stock. Maintaining a price target of $56 implies that the analyst sees potential for the stock to rise to that level, which could positively influence investor sentiment and potentially drive the stock price up in the short term.
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