Barclays Maintains Equal-Weight on Ziff Davis, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler has maintained an Equal-Weight rating on Ziff Davis (NASDAQ:ZD) and adjusted the price target from $68 to $58.
May 10, 2024 | 7:22 pm
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Barclays has maintained its Equal-Weight rating on Ziff Davis but lowered the price target from $68 to $58.
The adjustment of the price target downwards by Barclays indicates a less optimistic outlook on Ziff Davis's stock value in the short term, which could lead to negative investor sentiment and potentially a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100