Form 8-K ZILLOW GROUP, INC. For: May 03

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Zillow Group (ZG) PT Lowered to $50 at Deutsche Bank; Remains Cautious

May 8, 2018 8:00 AM EDT

Deutsche Bank lowered its price target on Zillow Group (NASDAQ: ZG) to $50.00 (from $54.00) while maintaining a Hold rating following results.

Analyst Lloyd Walmsley commented, "We remain cautious on Zillow shares as the company enters a capital intensive new line of business where it has limited direct operating experience and faces intense... More