zSpace price target lowered to $3 from $5 at Roth Capital

Roth Capital lowered the firm’s price target on zSpace (ZSPC) to $3 from $5 and keeps a Buy rating on the shares ahead of its Q3 results. The firm is trimming near-term revenue estimates to reflect ongoing uncertainty around federal K-12 public funding, noting however that the company continues to make operational progress, particularly within CTE programs, supported by a flurry of recent partnerships, the analyst tells investors in a research note.