Zillow Group (ZG) Issues Q1, FY Revenue Outlook Above the Street

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Zillow Group (ZG) PT Raised to $64 at Stephens Following Preliminary 1Q Results and Guidance

April 13, 2018 9:40 AM EDT

Stephens raised its price target on Zillow Group (NASDAQ: ZG) to $64.00 (from $52.00) while maintaining a Overweight rating following the company's preliminary 1Q results. The company also raised 2018 guidance alongside the news that ZG is seeking a move into actual home transaction via its Instant... More

Craig-Hallum Downgrades Zillow Group (ZG) to Hold; 'Expansion Of Instant Offer Program Is A Wash For Shareholder Value'

April 13, 2018 7:11 AM EDT

Craig-Hallum downgraded Zillow Group (NASDAQ: ZG) from Buy to Hold and cut its price target to $50.00.

Anayst Brad Berning said, 'Expansion Of Instant Offer Program Is A Wash For Shareholder Value With Potential Added Balance Sheet Risk. Downgrading To HOLD.'

For an... More

Zillow (Z) Expands Instant Offers to Phoenix

April 12, 2018 4:15 PM EDT

Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG) will expand Zillow Instant Offers to Phoenix this month. With this expansion, Zillow® plans to participate in the marketplace, buying and selling homes with Premier Agent® partners in the Phoenix and Las Vegas markets.

With Zillow Instant Offers, potential home sellers receive investor offers alongside a Premier Agent's analysis of the home's open market value within two business days of submitting basic information about their home. The process offers transparency, convenience and choice for sellers, and gives them certainty over their... More