Trulia downgraded to Hold from Buy at Deutsche Bank Deutsche Bank downgraded Trulia (TRLA) to Hold citing the rally in shares following the buyout agreement with Zillow (Z). Deutsche sees limited risks to the deal closing despite and raised its price target for shares to $71 from $42.
Zillow Group announces sale of ActiveRain to Ben Kinney Companies Zillow Group announced the pending sale of ActiveRain, a social networking, blogging, and training platform for the real estate industry, to the Ben Kinney family of companies. ActiveRain became part of Zillow Group through its acquisition of Trulia, which closed in February 2015. The sale is expected to close June 30.