Zulily Upgraded By Goldman On "Hyper Growth" Promise

By | June 25, 2014

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Zulily stock shot up 10% in morning trading on the stock market today after Goldman Sachs upgraded the flash-sales e-tailer to buy from neutral on its strong growth outlook. Goldman also raised its price target on the stock to 50 from 47. Zulily (ZU) stock was trading near 40.25 Wednesday morning. The investment bank said in its Wednesday upgrade report that Zulily’s “hyper growth warrants attention.” It noted that Zulily, which targets moms, is Scalper1 News

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