- Stephens analyst John Campbell thinks Zillow (Z,ZG) will see a $10M EBITDA lift from its reported StreetEasy price hike.
- The 33%+ price increase could have a positive impact on overall rentals revenue, says Campbell, but it's "tough to tell" if it will improve listing demand.
- Stephens maintains an Overweight rating and $57 price target on Zillow. The company has a Neutral average Sell Side rating.
- Zillow shares are down 2.4% pre-market to $43.65.