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Goldman Sachs Reiterates Buy Rating on Trulia Ahead of Expected Strong Fundamentals

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In a report published Friday, Goldman Sachs analyst Heath P. Terry reiterated a Buy rating and $48.00 price target on Trulia (NYSE: TRLA).

In the report, Goldman Sachs noted, “We expect strong fundamentals driven by improved housing demand, mobile proving accretive to consumer usage and monetization, and an opportunity to accelerate agent growth with the announced acquisition of Market Leader to narrow the valuation gap between Trulia and Zillow, its closest comparable.”

Trulia closed on Thursday at $43.71.

Latest Ratings for TRLA

DateFirmActionFromTo
Oct 2014Deutsche BankMaintainsHold
Jul 2014NeedhamDowngradesBuyHold
Jul 2014BarclaysMaintainsEqual-Weight

View More Analyst Ratings for TRLA
View the Latest Analyst Ratings

Posted-In: Goldman Sachs Heath P. TerryAnalyst Color Reiteration Analyst Ratings

 

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