These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or recommendations of Barron’s. Some of the reports’ issuers have provided, or hope to provide, investment-banking or other services to the companies being analyzed.
Buy Price $123.80 on May 5
by Canaccord Genuity
Zillow’s first-quarter results came in strongly ahead of estimates, as Premier Agent revenue growth accelerated again, amid continued housing-market tailwinds. The Homes segment also experienced strong growth and delivered another quarter of outsize profitability, with the number of homes sold exceeding those purchased. Second-quarter revenue and profitability…