Craig-Hallum Maintains Buy on Zillow Gr, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jason Kreyer maintains a Buy rating on Zillow Group (ZG) but lowers the price target from $65 to $51.
May 02, 2024 | 4:54 pm
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NEUTRAL IMPACT
Craig-Hallum maintains a Buy rating on Zillow Group but lowers the price target from $65 to $51.
While the reduction in price target could suggest a tempered outlook on Zillow Group's short-term price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals and long-term growth prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100