JPMorgan Chase Reaffirms Neutral Rating on LegalZoom.com with $7 Price Target
Equities research analysts at JPMorgan Chase & Co. reaffirmed their 'neutral' rating for LegalZoom.com (NASDAQ:LZ) in a research note issued to investors on Thursday.
The analysts have set a price target of $7.00 on the stock, down from their prior price target of $8.00. This suggests a potential downside of 13.58% from the stock's current price of $8.10.
This is not the first time LegalZoom.com has received a 'neutral' rating from analysts. Citigroup cut its target price on the company from $8.50 to $7.50 and set a 'neutral' rating in a research report on May 22nd.