Needham Reiterates Buy on Zuora, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joshua Reilly has reiterated a Buy rating on Zuora (NYSE:ZUO) and maintained a $15 price target for the company's stock.

November 30, 2023 | 10:46 am
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POSITIVE IMPACT
Needham analyst reaffirms a Buy rating on Zuora with a $15 price target, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a reputable analyst like Joshua Reilly from Needham tends to instill confidence in investors and can lead to a positive sentiment around the stock in the short term. The maintained price target of $15 suggests that the analyst sees potential for the stock to rise to that level, which could influence investor behavior and potentially drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100