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Zillow stock rose Wednesday after a hedge fund executive said that the No. 1 online real estate company, which is in the process of merging with top rival Trulia, is poised for big-time growth. Michael Messara, senior portfolio manager of hedge fund Caledonia, said that he expects Zillow (Z) to reach an enterprise value of $50 billion, with an implied price of $770 a share, according to a Reuters report on Wednesday. Zillow’s current market cap is Scalper1 News
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