Needham Upgrades Zillow as a Post COVID-19 Play
Zillow (NASDAQ: ZG) got a ratings upgrade on Monday, enabling its stock to finish the trading session up nearly 5%.
In upgrading the stock from "hold" to "buy," a research report from Needham said the online real estate company was poised to benefit in a post-COVID-19 world. Even as stay-at-home rules are being lifted, people are still skittish about venturing out, making online real estate an attractive alternative.
Source Fool.com