Citi raised the firm’s price target on LegalZoom (LZ) to $12 from $10 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q2 report to reflect accelerating subscription revenue.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LZ:
- LegalZoom’s Earnings Call Highlights Growth and Innovation
- LegalZoom price target raised to $10 from $9 at Barclays
- Tesla disbands supercomputer team, Trade Desk Q2 spurs downgrades: Morning Buzz
- BofA double upgrades LegalZoom to Buy on successful shift toward subscriptions
- LegalZoom upgraded to Buy from Underperform at BofA