JP Morgan Maintains Neutral on LegalZoom.com, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ella Smith maintains a Neutral rating on LegalZoom.com (NASDAQ:LZ) and lowers the price target from $9 to $8.
September 05, 2024 | 3:57 pm
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NEGATIVE IMPACT
JP Morgan has maintained its Neutral rating on LegalZoom.com but has lowered the price target from $9 to $8, indicating a less optimistic outlook.
The lowering of the price target by JP Morgan suggests a less optimistic view on LegalZoom's future performance, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100