Citigroup Initiates Coverage On Kanzhun with Buy Rating, Announces Price Target of $19
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Brian Gong has initiated coverage on Kanzhun (NASDAQ:BZ) with a Buy rating and a price target of $19.
July 20, 2023 | 4:10 pm
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Citigroup has initiated coverage on Kanzhun with a Buy rating and a price target of $19, which could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment towards a stock. In this case, Citigroup's Buy rating and price target of $19 for Kanzhun could potentially boost investor confidence in the stock, leading to increased demand and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100