RBC Capital cuts price targets on Zillow and Marvell, keeps Outperform
RBC Capital keeps Outperform ratings on Zillow and Marvell but cuts their price targets by 18.2% and 41.2%, per TradingView data.
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what happened
RBC Capital kept its Outperform rating on Zillow Group and lowered its price target from $55 to $45, a cut of 18.2%. According to TradingView, the new target implies a 39.1% gain from the November 2 close of $32.34.
On the same day, RBC Capital kept its Outperform rating on Marvell Technology but reduced its target from $425 to $250, a 41.2% decrease. The target implies a 45.8% gain from the November 2 close of $171.41.
Other brokers' recent notes over the past 30 days put Zillow targets between $31 and $48, and Marvell targets between $225 and $300.
why it matters
Revisions from a single broker mainly matter to holders of these stocks, but they are a local signal for the broader market. The spread on Marvell stands out: RBC Capital's new target sits below the $300 levels held by Susquehanna and Needham.
tags
instruments
sources
- RBC Capital maintains Zillow Group at Outperform, lowers price target to $45 from $55 — TradingView, 3 November 2026 at 14:46 UTC
- RBC Capital maintains Marvell Technology at Outperform, lowers price target to $250 from $425 — TradingView, 3 November 2026 at 14:45 UTC
- RBC Capital maintains Krystal Biotech at Outperform, lowers price target to $375 from $400 — TradingView, 3 November 2026 at 15:01 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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