While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a look at particularly stock-shaking analyst upgrades and downgrades -- just in case their reasoning behind the call makes sense.

What: Shares of Move (NASDAQ:MOVE) climbed 2% today after Benchmark Company raised its price target on the online real estate site operator.

So what: Benchmark simply reiterated its buy rating on Move, but moved the price target all the way from $17 to $23 per share -- representing about 39% worth of upside to its closing price on Friday. Value investors might find the stock's red-hot price action in 2013 a little disconcerting, but analyst Daniel Kurnos believes that Move's still-juicy growth prospects and cheap valuation relative to peers like Zillow and Trulia give it plenty of room to run.

Now what: Benchmark doesn't expect Move's operating momentum to slow anytime soon. "We believe Move continues to gain traction across its entire product suite, with a turnaround in the core Showcase platform leading to stronger optics and improved cash flow growth over the medium- to long-term," said Kurnos. "[W]e view Move as the preferred long-term way to play the online housing market." Of course, when you consider just how expensive the stock seems on an absolute basis -- price-to-sales of 3 and an EV/EBITDA of 40 -- I'd wait for a much wider margin of safety before moving in. 

Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Zillow. The Motley Fool owns shares of Zillow. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.