Susquehanna raised the firm’s price target on Ziff Davis (ZD) to $60 from $45 and keeps a Positive rating on the shares. The firm updated its model to reflect the company’s updated reporting structure and expected sale proceeds following the proposed acquisition of its Connectivity business by Accenture (ACN).
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZD: