Zillow Shares Down 7% Despite Q1 Beat
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Zillow (Z) PT Lowered to $50 at Jefferies
May 6, 2022 8:29 AM EDTJefferies analyst John Colantuoni lowered the price target on Zillow (NASDAQ: Z) to $50.00 (from $65.00) while maintaining a Buy rating following earnings.
The analyst commented, "Z's in-line Q1 was overshadowed by disappointing Q2 guidance. We believe worsening home affordability caused by rising mortgage rates is... More
