William Blair Starts ZipRecruiter (ZIP) at Outperform
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Street Starts Coverage of ZipRecruiter (ZIP) With Mostly Positive Views, Business Offers Long-Term Share Opportunity Says Goldman Sachs, Shares Rise
June 21, 2021 8:23 AM EDTWall Street started coverage of ZipRecruiter (NYSE: ZIP) with initial ratings leaning positive. In total, five analysts initiated their coverage with 4 starting at Buy or equivalent while JP Morgan analyst Doug Anmath was the only one to stay on the sidelines.
ZIP had its trading debut on the New York Stock Exchange earlier that valued the company at roughly $2.4 billion, short of Wall Street previous estimates of $3 billion.
Shares of ZIP climbed 17.2%, closing the first trading day at $21.10 per share, compared to the indicated reference price per share of $18.
The company... More
Raymond James Starts ZipRecruiter (ZIP) at Strong Buy
June 21, 2021 6:56 AM EDTRaymond James analyst Aaron Kessler initiates coverage on ZipRecruiter (NYSE: ZIP) with a Strong Buy rating and a price target of $36.00.
The analyst commented, "Our positive fundamental view is based on: 1) A large recruitment TAM that is increasingly shifting online; 2) a leadership... More
