Zillow Analysts Boost Price Targets After Q1 Beat

By | May 8, 2014

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A spate of Zillow (Z) analysts boosted their price targets for the real estate website after it beat Q1 estimates, sending shares higher on Thursday. The Seattle company late Wednesday topped analyst Q1 forecasts and hiked its full-year guidance ahead of consensus views. “Z trades at a premium multiple, but it is justified and we recommend continuing to own the stock,” wrote Pacific Crest analyst Chad Bartley, who raised his price target to 115 Scalper1 News

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