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 to acquire Naked Apartments for $13M Zillow announced it has entered into a definitive agreement to acquire Naked Apartments for $13M in cash. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the next few weeks. Naked Apartments will become Zillow Group's fifth consumer brand, and the second in Zillow Group's New York City portfolio, alongside StreetEasy.