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Zillow Group Class A (ZG) Receives a Hold from Wells Fargo

Tipranks - Tipranks - Thu Mar 19, 5:58AM CDT

In a report released today, Alec Brondolo from Wells Fargo maintained a Hold rating on Zillow Group Class A, with a price target of $60.00.

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According to TipRanks, Brondolo is a 3-star analyst with an average return of 5.1% and a 44.00% success rate. Brondolo covers the Communication Services sector, focusing on stocks such as Take-Two, Trade Desk, and Criteo SA.

In addition to Wells Fargo, Zillow Group Class A also received a Hold from TipRanks – OpenAI’s OpenAI Internet Content and Information in a report issued yesterday. However, on the same day, RBC Capital reiterated a Buy rating on Zillow Group Class A (NASDAQ: ZG).

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Based on Zillow Group Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $654 million and a net profit of $3 million. In comparison, last year the company earned a revenue of $554 million and had a GAAP net loss of $52 million

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