Zillow Group Second Quarter 2018 Revenue Increased 22% Year-Over-Year

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Zillow Group (ZG) PT Lowered to $50 at Goldman Sachs Following 2Q

August 7, 2018 6:56 AM EDT

Goldman Sachs lowered its price target on Zillow Group (NASDAQ: ZG) to $50.00 (from $60.00) while maintaining a Neutral rating following the company's 2Q earnings report. Zillow reported 2Q revenue of $325mn and adjusted EBITDA of $56.0mn vs. FactSet consensus of $325.6mn and $54.7mn, respectively.... More