Citigroup Maintains Buy on Zillow Gr, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Zillow Group (ZG) but lowers the price target from $68 to $58.

May 02, 2024 | 7:58 pm
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Citigroup maintains a Buy rating on Zillow Group but lowers the price target from $68 to $58.
The adjustment in price target by Citigroup reflects a revised valuation assessment while maintaining a positive outlook on Zillow Group's stock. The reduction in price target might cause short-term price volatility as investors adjust to the new valuation. However, the maintained Buy rating indicates Citigroup's continued confidence in Zillow's fundamentals and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100