Sell-Side Reaction to Zip Realty 3Q05 Results (ZIPR)

Pacific Growth Equities Internet analyst Derek Brown sent a note to clients evaluating Zip Realty’s (ticker: ZIPR) Q3 results on November 4th. According to Mr Brown, "ZipRealty is a full-service residential real estate brokerage that leverages the Internet", and is thus covered within his universe of Internet stocks. Mr Brown had a "Buy" rating on the stock, but reduced that to “Neutral