Kanzhun Ltd. (BZ) PT Raised to $20 at Jefferies

Jefferies analyst Thomas Chong raised the price target on Kanzhun Ltd. (NASDAQ: BZ) to $20.00 (from $17.00) while maintaining a Buy rating.

The analyst comments "BZ released 4Q results. During conference call, management highlights the recovery trends post CNY with operating metrics reached a new high for active users, no of jobs and new postings. C/B ratio continues to improve since Nov last year. On AI, BZ is well-positioned to capture the trends satisfying the needs of job seekers and recruiters. In 2025, it expects margins continue to improve on operating leverage and AI. Maintain Buy."

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