A new rally in US housing could drive a 20% surge in Zillow stock, Bank of America says

Jan 10 2023 by Business Insider

 

Zillow

Zillow's stock holds a 20% upside on the back of a potentially improving housing market, Bank of America said Monday.  The property-tech firm landed a double-upgrade of its rating to buy and a higher price objective of $42 a share.   BofA sees home transactions accelerating in 2024. 

It's time to purchase stock in Zillow, according to Bank of America which lifted its rating and price outlook on the property-technology firm as it foresees the housing market improving after a...

Continue Reading A new rally in US housing could drive a 20% surge in Zillow stock, Bank of America says