ZipRecruiter price target lowered to $3 from $5 at Barclays

Barclays lowered the firm’s price target on ZipRecruiter (ZIP) to $3 from $5 and keeps an Equal Weight rating on the shares. The company’s revenue growth turned slightly positive in Q4, but its guidance implies a step-down in Q1 and the fiscal year, which may disappoint the “bulls hoping the inflection was here to stay,” the analyst tells investors in a research note.