Form 10-Q ZILLOW GROUP, INC. For: Sep 30

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Zillow (Z) PT Lowered to $115 at Jefferies

November 3, 2021 7:36 AM EDT

Jefferies analyst Brent Thill lowered the price target on Zillow (NASDAQ: Z) to $115.00 (from $150.00) while maintaining a Buy rating.

The analyst commented, "A surprise decision to exit iBuying reflects a realization that scaling the business would add earnings volatility at an... More