Zillow Upgraded On Mobile Growth Ahead Of Q1 Earnings Tuesday

By | May 11, 2015

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Zillow (Z)stock rose as much as 9% Monday after the online real estate site got an upgrade and price target boost on the eve of its Q1 earnings report. In a research note Monday, SunTrust Robinson Humphrey analyst Robert Peck upgraded Zillow stock to buy from neutral and raised Zillow’s price target to 130 from 110, citing “pricing power” and substantial long-term potential for the company. Zillow is positioned for “long-term opportunity from the Scalper1 News

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