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

May 28, 2024 | 11:25 am
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Baird analyst Rob Oliver has maintained a Neutral rating on Zuora and raised the price target from $8 to $10. This indicates a positive outlook on the stock's potential, though the Neutral rating suggests a balanced risk-reward scenario.
The raised price target from $8 to $10 suggests that the analyst sees potential for growth in Zuora's stock price. However, the Neutral rating indicates that the analyst believes the stock's risk-reward profile is balanced, which may temper immediate bullish sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100