Zillow price target raised to $110 from $95 at Canaccord Canaccord raised Zillow's price target to $110 following the Q4 beat and guidance. The firm believes Zillow is approaching an acceleration point of agent participation and that Q4 signals the beginning of significant appreciation in per-impression pricing. Shares are Buy rated.
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.