Bernstein Maintains Outperform on Kanzhun, Lowers Price Target to $20
Portfolio Pulse from richadhand@benzinga.com
Bernstein analyst Robin Zhu has maintained an 'Outperform' rating on Kanzhun (NASDAQ:BZ), but lowered the price target from $27 to $20.
August 30, 2023 | 3:43 pm
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Bernstein has maintained an 'Outperform' rating on Kanzhun but lowered the price target from $27 to $20.
The news is directly about Kanzhun (BZ). While the 'Outperform' rating is positive, the lowering of the price target might have a neutral impact on the stock as it indicates a lower future valuation. The impact is highly relevant and important for investors in BZ.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100