Analysts Offer Insights on Communication Services Companies: Zillow Group Class C (Z), Iridium Communications (IRDM) and Zillow Group Class A (ZG)
Analysts fell to the sidelines weighing in on Zillow Group Class C (Z – Research Report), Iridium Communications (IRDM – Research Report) and Zillow Group Class A (ZG – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Zillow Group Class C (Z)
In a report released today, Bernie McTernan from Needham reiterated a Hold rating on Zillow Group Class C. The company’s shares closed last Tuesday at $54.71.
According to TipRanks.com, McTernan is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zillow Group Class C with a $83.20 average price target, which is a 53.2% upside from current levels. In a report issued on February 9, KBW also maintained a Hold rating on the stock with a $80.00 price target.
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Iridium Communications (IRDM)
In a report released today, Gregory Pendy from Clear Street maintained a Hold rating on Iridium Communications, with a price target of $21.00. The company’s shares closed last Tuesday at $20.31.
According to TipRanks.com, Pendy is ranked #3200 out of 12109 analysts.
Currently, the analyst consensus on Iridium Communications is a Hold with an average price target of $22.50, which is an 8.9% upside from current levels. In a report issued on January 27, TipRanks – xAI also reiterated a Hold rating on the stock with a $23.00 price target.
Zillow Group Class A (ZG)
Bank of America Securities analyst Omar Dessouky reiterated a Hold rating on Zillow Group Class A today and set a price target of $65.00. The company’s shares closed last Tuesday at $54.42.
According to TipRanks.com, Dessouky is a 5-star analyst with an average return of
Currently, the analyst consensus on Zillow Group Class A is a Moderate Buy with an average price target of $79.94, which is a 47.8% upside from current levels. In a report issued on January 29, Barclays also upgraded the stock to Hold with a $72.00 price target.
