Susquehanna Highlights Zillow's (Z) Effective Execution, Long-Term Growth Initiatives
Zillow Group (NASDAQ:Z) is one of the best stocks under $50 to invest in. On February 12, Susquehanna lowered its price target for Zillow Group from $80 to $50 and maintained a Neutral rating. The firm noted that the company is executing effectively despite a challenging housing market and expressed belief that its current initiatives will drive incremental growth and margin expansion over time. While near-term legal expenses are currently impacting EBITDA, Susquehanna indicated that management remains comfortable with its annual EBITDA expectations.
On the same day, DA Davidson lowered its price target on Zillow Group to $75 from $95 with a Buy rating on the shares. The firm characterized the company’s recent quarterly report as mixed but noted that management issued a solid outlook despite a still tepid housing market. However, the firm kept its 2026 adjusted EBITDA estimate unchanged, citing elevated legal expenses as a primary factor.
At the same time, Citi also lowered its price target on Zillow Group (NASDAQ:Z) to $78 from $100 while maintaining a Buy rating.
Zillow Group (NASDAQ:Z) operates a real estate application and website that connects consumers with technology, agents & loan officers, and digital solutions in the US. The company operates through four categories: Residential, Mortgages, Rentals, and Other.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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