Zillow, Trulia upgraded to Outperform by RBC

|About: Zillow Group, Inc. (Z)|By:, SA News Editor

RBC's Mark Mahaney has upgraded Zillow (Z) and Trulia (TRLA) to Outperform after the bell. Shares of both companies are up 1.3% AH.

Mahaney downgraded Zillow and Trulia last August, after the online real estate platforms saw their shares fly higher with the help of good earnings news. The downgrades were well-timed: Zillow and Trulia both trade below their mid-August levels, and have easily underperformed the Nasdaq since then.