industry news

Zillow Stock Gains as Analyst Begins Hedging with ‘Overweight’ Rating

Text size Lee gave Zillow a price target of $48. The stock closed at $41.11 on Friday. Chris Goodney/Bloomberg Zillow Group the stock rose after an analyst from JP Morgan cited confidence in the online real estate company’s performance despite ongoing challenges in the housing market. Dae, an analyst at JP Morgan Lee started the …

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Walmart and Home Depot forecasts suggest consumers are finally stepping back

Home Depot released a muted 2023 forecast on Tuesday. Dustin Chambers/Bloomberg Text size The retail earnings season got off to a worrying start on Tuesday, with walmart And Home deposit The weak forecast warns that retailers expect consumers to retreat in 2023. The size and scale of the two retailers— walmart in particular, as the …

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