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Wells Fargo Keeps Their Hold Rating on Zillow Group Class A (ZG)

Tipranks - Tipranks - Wed Jul 8, 5:26AM CDT

Wells Fargo analyst Alec Brondolo maintained a Hold rating on Zillow Group Class A today and set a price target of $46.00.

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Brondolo covers the Communication Services sector, focusing on stocks such as Reddit Inc Class A, Zillow Group Class A, and Criteo SA. According to TipRanks, Brondolo has an average return of 5.1% and a 50.82% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zillow Group Class A with a $60.77 average price target.

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Based on Zillow Group Class A’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $708 million and a net profit of $46 million. In comparison, last year the company earned a revenue of $598 million and had a net profit of $8 million

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