Baird Maintains Neutral on Zuora, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver has maintained a Neutral rating on Zuora (NYSE:ZUO) and lowered the price target from $10 to $8.

February 29, 2024 | 12:10 pm
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Baird analyst Rob Oliver maintains a Neutral rating on Zuora and lowers the price target from $10 to $8.
The reduction in price target by Baird, a reputable financial firm, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Zuora's stock price. The maintenance of a Neutral rating indicates no significant positive catalysts are expected in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100