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Evercore ISI Sticks to Its Buy Rating for Zillow Group Class A (ZG)

Tipranks - Tipranks - Wed Jan 21, 8:32AM CST

In a report released today, Mark Mahaney from Evercore ISI maintained a Buy rating on Zillow Group Class A, with a price target of $95.00.

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Mahaney covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Roku. According to TipRanks, Mahaney has an average return of 9.8% and a 52.02% success rate on recommended stocks.

In addition to Evercore ISI, Zillow Group Class A also received a Buy from Bernstein’s Nikhil Devnani in a report issued today. However, on January 9, Mizuho Securities downgraded Zillow Group Class A (NASDAQ: ZG) to a Hold.

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Based on Zillow Group Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $676 million and a net profit of $10 million. In comparison, last year the company earned a revenue of $581 million and had a GAAP net loss of $20 million

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