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Zillow (Z) Announces $750M Share Buyback; Reports Progress on Zillow Offers Inventory Wind-Down

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Jefferies Reiterates Buy Rating on Zillow (Z) Amid 'Significant Progress' in Offers Wind-Down

December 3, 2021 7:40 AM EST

Jefferies analyst Brent Thill reiterated a Buy rating and $115.00 price target on Zillow (NASDAQ: Z) after the company announced "significant progress" in winding-down Zillow Offers inventory, resulting in 4Q Homes Revenue guidance increasing from $1.7-2.1B to $2.3-2.9B. Z also announced a $750M share... More