Zillow Group, Inc. (Z) Downgraded by Morgan Stanley

Zillow Group, Inc. (Z) Downgraded by Morgan Stanley

Morgan Stanley lowered shares of Zillow Group, Inc. (NASDAQ:Z) from an overweight rating to an equal weight rating in a research note released on Friday morning.

Separately, Stifel Nicolaus began coverage on Zillow Group in a research note on Thursday, December 22nd. They issued a hold rating and a $36.00 price target on the stock. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Zillow Group presently has an average rating of Hold and a consensus target price of $29.50.

Zillow Group (NASDAQ:Z) opened at 36.55 on Friday. Zillow Group has a 12-month low of $15.36 and a 12-month high of $39.88. The company’s market capitalization is $6.60 billion. The firm’s 50 day moving average price is $36.80 and its 200-day moving average price is $35.61.

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