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RBC Capital downgraded Trulia (TRLA) on valuation, saying its stock should trade at a discount to online real estate market leader Zillow (Z). Trulia’s stock had shot up 28% in 2014 as of Wednesday’s market close, with most of those gains in the past month. Shares in Zillow are up 59% but its stock is trading at a lower multiple than Trulia’s, says RBC Capital analyst Mark Mahaney. Shares in Move (MOVE), meanwhile, had popped 8% on Tuesday amid Scalper1 News
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