JPMorgan analyst Doug Anmuth lowered the firm’s price target on ZipRecruiter (ZIP) to $5 from $7 and keeps a Neutral rating on the shares post the earnings report. The company is seeing more stable trends in a softer labor market, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZIP:
