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News Breaks
June 25, 2014
08:54 EDTZZillow price target raised to $150 from $114 at JMP Securities
After speaking with Zillow's CEO, JMP Securities thinks the company's share gains among consumers and agents are accelerating. The firm believes that the company has several additional upcoming potential positive catalysts, including Premier Agent ARPU gains, EBTIDA margin increases, and expansion of its rentals business. The firm reiterates an Outperform rating on the shares.
News For Z From The Last 14 Days
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March 16, 2015
07:40 EDTZZillow Group impact minimal from ListHub, says Canaccord
Canaccord believes Zillow will see little disruption from ListHub not sending its listings after the company won its legal battle against Trulia. News Corp. (NWSA) owned ListHub will stop sending the listings in April, but Canaccord believes the combined Zillow/Trulia guidance may hold some positive surprises and expects 2016 to be a breakout year for the company. Canaccord reiterated its Buy rating and $125 price target on Zillow shares.
March 12, 2015
14:59 EDTZListhub announces settlement with Trulia, Bloomberg reports
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13:49 EDTZTrulia denied preliminary injunction in fight with ListHub
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13:17 EDTZJudge tentatively denies injunction sought by Trulia, Bloomberg says
A judge in San Francisco tentatively denied Trulia's attempt to be granted a preliminary injection that would keep ListHub's listings on its website, according to Bloomberg. ListHub is owned by a News Corp. (NWSA) subsidiary. Trulia is part of Zillow Group (Z).

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