Breaking Down Zillow Gr: 12 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Recent analysis of Zillow Gr (NASDAQ:ZG) by 12 analysts shows a mix of bullish to bearish sentiments, with a majority leaning towards somewhat bullish. The average 12-month price target is $63.08, marking an 18.37% increase from the previous target. Analysts have adjusted their ratings and price targets based on market conditions and Zillow Gr's performance, reflecting a positive outlook on the company's market presence, revenue growth, and financial health despite challenges in net margin and cost management.
March 05, 2024 | 8:01 pm
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Zillow Gr (NASDAQ:ZG) receives a predominantly somewhat bullish outlook from analysts, with an updated average 12-month price target of $63.08, indicating a potential upside. The company's strong market presence, revenue growth, and financial health are highlighted, despite some profitability concerns.
The positive adjustment in Zillow Gr's price target and the somewhat bullish sentiment from a majority of analysts suggest a potential short-term upside for the stock. The company's notable revenue growth and strong market presence contribute to this outlook, although concerns about net margin and cost management may temper gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100