Raymond James Reinstates Market Perform on LegalZoom.com
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Josh Beck has reinstated LegalZoom.com (NASDAQ:LZ) with a Market Perform rating, indicating a neutral outlook on the company's stock.
March 27, 2024 | 11:22 am
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NEUTRAL IMPACT
LegalZoom.com has been reinstated by Raymond James with a Market Perform rating, suggesting a neutral short-term outlook for the stock.
The reinstatement of LegalZoom.com by Raymond James with a Market Perform rating suggests that the analyst sees the stock as neither overvalued nor undervalued at the current price level. This neutral stance is likely to influence investors' perception but may not lead to significant short-term price movement.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90