ZUO Stock Recent News
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When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
In the latest trading session, Zuora (ZUO) closed at $9.77, marking a -1.41% move from the previous day.
Zuora (ZUO) closed at $9.95 in the latest trading session, marking a +0.91% move from the prior day.
Zuora (ZUO) reachead $9.75 at the closing of the latest trading day, reflecting a +1.25% change compared to its last close.
Zuora is reportedly considering a sale and other options after more than one company expressed interest in acquiring it. The subscription management software provider is working with an investment bank to conduct discussions with potential buyers, Reuters reported Wednesday (April 17), citing unnamed sources.
Zuora, which makes subscription management software for businesses, is exploring options that include a sale after receiving acquisition interest from potential suitors, according to people familiar with the matter.
In the latest trading session, Zuora (ZUO) closed at $8.47, marking a +1.19% move from the previous day.
Zuora (ZUO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Zuora (ZUO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The mean of analysts' price targets for Zuora (ZUO) points to a 34% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.