Morgan Stanley Maintains Underweight on LegalZoom.com, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Elizabeth Porter maintains an Underweight rating on LegalZoom.com (NASDAQ:LZ) and raises the price target from $7.5 to $9.
August 11, 2023 | 12:58 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on LegalZoom.com and raises the price target from $7.5 to $9. This could potentially impact the stock's performance.
The news is directly related to LegalZoom.com (LZ). Morgan Stanley's decision to maintain an Underweight rating indicates a bearish outlook, but the raised price target from $7.5 to $9 suggests some positive sentiment. The impact on the stock's performance will depend on how investors interpret these mixed signals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100