FMP
Jun 12, 2024 4:37 PM - Davit Kirakosyan
Image credit: FMP
UBS analysts lowered their price target for ZipRecruiter (NYSE:ZIP) to $11 from $13 while maintaining their Neutral rating on the stock. The analysts’ rating reflects concerns about the U.S. employment market, which they believe may remain subdued in the near term.
This is indicated by a decline in job listings and a decreased willingness among employers to pay for job postings. While ZipRecruiter is well-positioned to benefit when the employment market rebounds, the analysts suggest that the current share price already accounts for these near-term macroeconomic challenges, resulting in a balanced risk/reward profile for the stock.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...