Susquehanna analyst Shyam Patil said Ziff Davis management is seeing signs that the worst may be behind the company and expects to return to positive top-line growth in 2H. We see the risk/reward as compelling with minimal downside risk and substantial upside potential. Susquehanna maintains its Positive rating and $120 price target on Ziff Davis shares.
Published first on TheFly
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Read More on ZD:
- Ziff Davis price target lowered to $90 from $100 at Citi
- Ziff Davis sees FY23 adjusted EPS $6.02-$6.54, consensus $7.15
- Ziff Davis reports Q4 adjusted EPS $2.26, consensus $2.36
- Dish’s Wireless Chief Commercial Officer Stephen Bye joins Board of Directors
- Ziff Davis initiated with an Equal Weight at Barclays
