Zillow Group (NASDAQ:ZG) is a top communication services stock favored by Hedge Funds. RBC Capital analyst Brad Erickson reiterated a Buy rating on ZG with a $95.00 price target, anticipating a 41% upside. Google’s entry into real estate advertising poses a risk, but analysts expect limited impact on ZG.

Mike Ng from Goldman Sachs also highlighted Google’s impact on Zillow Group (NASDAQ:ZG), rating the stock as Hold with a $78 price target, offering a 16% upside. ZG operates a technology-enabled platform for the real estate market, providing seamless end-to-end solutions for users.

While ZG shows promise, some AI stocks may offer greater upside potential with less downside risk. An undervalued AI stock benefiting from Trump-era tariffs and onshoring trend could be a better investment option. Stay informed with the latest insights on promising healthcare and small-cap industrial stocks.

Read more at Yahoo Finance: Optimism Prevails for Zillow Group (ZG) Despite Fears of Third-Party Real Estate Advertisements