Piper Sandler Maintains Neutral on Zillow Gr, Lowers Price Target to $57
Piper Sandler analyst Thomas Champion maintains Zillow Gr (NASDAQ:ZG) with a Neutral and lowers the price target from $64 to $57.
The Housing Market Conundrum: Home Sales And Prices Soar While Inventory Shrinks
The U.S. housing market is barreling into 2022 with a magnified version of the dilemma it carried last year: a seemingly nonstop rise in home sales and prices while available properties continue to be an elusive commodity.
Can You Guess Which Is The Most Expensive Housing Market In The US?
A record 146 more cities saw their typical home values rise to at least $1 million during 2021, according to new data from Zillow Group Inc. (NASDAQ:Z, ZG).
78 Biggest Movers From Friday
Gainers
Y-mAbs Therapeutics, Inc. (NASDAQ: YMAB) surged 26% to close at $2.24. Y-mAbs reported completion of pre-BLA meeting with the FDA for Omburtamab.
41 Stocks Moving In Friday’s Mid-Day Session
Gainers
Modular Medical, Inc. (NASDAQ: MODD) shares climbed 34.5% to $4.99 following its recent uplisting to the Nasdaq Capital Market on Thursday.
Why Zillow Shares Are Trading Higher Today
Zillow Group Inc (NASDAQ: Z) (NASDAQ: ZG) is trading higher Friday morning after the company announced strong fourth-quarter financial results.
Piper Sandler Maintains Neutral on Zillow Gr, Lowers Price Target to $64
Piper Sandler analyst Thomas Champion maintains Zillow Gr (NASDAQ:ZG) with a Neutral and lowers the price target from $68 to $64.
DA Davidson Maintains Buy on Zillow Gr, Lowers Price Target to $78
DA Davidson analyst Tom White maintains Zillow Gr (NASDAQ:ZG) with a Buy and lowers the price target from $125 to $78.
Zillow Group Q4 Sales $3.88B Beat $2.78B Estimate
Zillow Group (NASDAQ:Z) reported quarterly sales of $3.88 billion which beat the analyst consensus estimate of $2.78 billion by 39.57 percent. This is a 391.79 percent increase over sales of $788.95 million the same period last year.
Earnings Scheduled For February 10, 2022
Companies Reporting Before The Bell
• Canada Goose Hldgs (NYSE:GOOS) is projected to report quarterly earnings at $1.46 per share on revenue of $584.49 million.