Deutsche Bank analyst, Lloyd Walmsley, reiterated his Hold rating on shares of Zillow Group (NASDAQ: ZG) and raised his price target to $50 from $44 seeing meaningful upside to 2017 and 2018 revenue estimates for Zillow as StreetEasy (SE) monetization ramps post the introduction of PA inventory into SE. The analyst believes this could add well over $85M in revenue.

However, constraining his enthusiasm is concern over risk from mortgage co-advertising around the CFPB investigation (est ~6-17% of EBITDA). He notes he will get more positive if the CFPB investigation is resolved amicably.

For an analyst ratings summary and ratings history on Zillow Group click here. For more ratings news on Zillow Group click here.

Shares of Zillow Group closed at $45.64 yesterday.