ZipRecruiter price target lowered to $22 from $25 at Barclays

Barclays analyst Trevor Young lowered the firm’s price target on ZipRecruiter to $22 from $25 and keeps an Overweight rating on the shares. The company beat on revenue and EBITDA, but the sales guide missed estimates, the analyst tells investors in a research note. The firm says the outlook is "holding up better" as ZipRecruiter pulls back on marketing while share repurchases "may mute downside from here."