Goldman Sachs Maintains Buy on Zuora, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Adam Hotchkiss has reaffirmed a Buy rating on Zuora (NYSE:ZUO) and increased the price target from $10 to $12.
January 24, 2024 | 6:51 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Zuora and raises the price target to $12, indicating a positive outlook on the company's stock.
The increase in price target by a reputable investment bank like Goldman Sachs typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100