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Kurnos rates Zillow a buy with a price target of $60 a share. Bank of America has downgraded the stock from “buy” to “neutral” and Spruce Point Capital says to short shares.
Zillow's solid third-quarter results impressed investors. Home & Garden. Lighter Side
In fact, Zillow stock soared when the Federal Reserve surprised some investors by cutting the Federal Funds rate by 50 basis points, kicking off a new rate-cutting cycle.
The price represents the normal consideration for the property sold, unaffected by special or creative financing or sales concessions granted by anyone associated with the sale. Note that this definition differs from the most commonly used definitions of market value or fair market value.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
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