Kanzhun price target raised to $18 from $15 at Bernstein

Bernstein raised the firm’s price target on Kanzhun (BZ) to $18 from $15 and keeps a Market Perform rating on the shares. Boss Zhipin’s Q4 results were essentially in-line with the firm’s estimates and consensus from top to bottom. Management dedicated much of the call to a discussion of AI deployment on its platform, including query-based search, AI curation of job seekers for recruiters, and automated screening of job seekers, Bernstein adds.