Susquehanna Highlights Zillow’s (Z) Effective Execution, Long-Term Growth Initiatives

Group 1 - Zillow Group (NASDAQ:Z) is considered one of the best stocks under $50 to invest in, with recent price target adjustments from various firms indicating a mixed outlook [1][2][4] - Susquehanna lowered its price target for Zillow Group from $80 to $50 while maintaining a Neutral rating, highlighting effective execution despite a challenging housing market [1] - DA Davidson reduced its price target from $95 to $75 but maintained a Buy rating, noting a solid outlook from management despite a tepid housing market [2] - Citi also lowered its price target from $100 to $78 while keeping a Buy rating, emphasizing the company's operational categories: Residential, Mortgages, Rentals, and Other [4] Group 2 - The company is facing near-term legal expenses impacting EBITDA, but management remains comfortable with annual EBITDA expectations [1][2] - Despite the challenges, the firms believe that Zillow's current initiatives will drive incremental growth and margin expansion over time [1][2]