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Zillow Shares Fall 3.4% After Wells Fargo Cuts Price Target

Wells Fargo lowered its Zillow price target to $31 from $35 and maintained an Equal Weight rating. Shares fell 3.4% in afternoon trading.

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What Happened? 4% in the afternoon session after Wells Fargo lowered its price target on the company's stock to $31. According to Streetinsider, analyst Alec Brondolo cut the target to $31 from $35 and kept an Equal Weight rating. He i…