Citigroup still thinks Zillow Group is a good buy but has cut its price target from $52 to $42.

Z · Zillow Group, Inc.

The AI's read

The rating still signals confidence, and the new target remains above the cited closing price. But the cut shows Citi sees less potential than before. This is one analyst's changed estimate, not a new report on Zillow's sales or profits, so the story does not clearly change the company's outlook.