Zillow Group Price Target Cut to $62.00 by JPMorgan Chase & Co.
JPMorgan Chase & Co. analysts cut their price target for Zillow Group (NASDAQ:Z) from $76.00 to $62.00 in a research note issued on Tuesday, according to MarketBeat.
This suggests a potential upside of 80.01% from the company's current price. The brokerage currently has an 'overweight' rating on the financial services provider's stock.
Zillow Group had its earnings announced on August 5th, reporting $0.52 in earnings per share (EPS), which topped the consensus estimate of $0.45 by $0.07.