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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZIP: