B of A Securities Maintains Neutral on Zillow Gr, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Zillow Group (NASDAQ:Z) while raising the price target from $54 to $71.
October 18, 2024 | 5:24 pm
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B of A Securities has maintained a Neutral rating on Zillow Group but increased the price target from $54 to $71, indicating a more optimistic outlook.
The increase in price target from $54 to $71 suggests a more positive outlook on Zillow's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100