FTC Moves to Unwind Zillow’s $100 Million Redfin Deal, Requires Rival to Reenter Rental Market
FTC order requires Zillow and Redfin to restore competition after a $100M rental-listing agreement.
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UBS analyst Stephen Ju maintains Zillow Group (NASDAQ:ZG) with a Buy and lowers the price target from $75 to $50.
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FTC order requires Zillow and Redfin to restore competition after a $100M rental-listing agreement.
Read original at benzingaFiled: 2026-08-24 AccNo: 0001617640-26-000056 Size: 861 KB Item 7.01: Regulation FD Disclosure Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Read original at edgarZillow stock has declined 60% over the past year and dropped 13% in a single day in early August. While the real estate market is challenging and Google's expansion into real estate listings poses a threat, Zillow shows promise through AI implementation that increases user engagement and time spent on the platform. The company remains profitable despite headwinds, though investors should consider their risk tolerance and time horizon.
Read original at the-motley-foolDA Davidson analyst Tom White maintains Zillow Group (NASDAQ:ZG) with a Buy and lowers the price target from $60 to $50.
Read original at benzinga