ZipRecruiter price target lowered to $10 from $14 at Barclays

Barclays lowered the firm’s price target on ZipRecruiter to $10 from $14 and keeps an Overweight rating on the shares. The firm says optimism coming out of Q1 has shifted to a much more cautious outlook as trends deteriorated through Q2. It is fair to have concerns on another leg down given current macro and market uncertainty, the analyst tells investors in a research note.