zSpace price target lowered to $12 from $20 at Roth MKM

Roth MKM lowered the firm’s price target on zSpace (ZSPC) to $12 from $20 and keeps a Buy rating on the shares after its Q4 results last week. The company is seeing slower delivery and delays in signing deals, though the firm remains confident in its significant product, sales, M&A, and profitability catalysts ahead, the analyst tells investors in a research note.