Zipcar (ZIP) Shares Rise as Needham Starts at Buy, $25 Price Target

October 26, 2011 3:15 PM EDT
Get Alerts ZIP Hot Sheet
Price: $4.70 -0.42%

Rating Summary:
    2 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Zipcar (NASDAQ: ZIP) jumped higher into the last hour of trade as Needham's Kerry Rice just initiated coverage on the stock with a Buy rating and a $25 price target.

With shares up 1.9 percent to $18.10 at last check, the firm's new price target suggests potential upside of about 38 percent.

For more ratings news on Zipcar click here and for the rating history of Zipcar click here.


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