UBS initiated coverage of LegalZoom (LZ) with a Neutral rating and $9 price target LegalZoom s an online platform for legal and compliance solutions in the U.S., the analyst tells investors in a research note. The firm says the company has always looked to drive subscription revenue growth with business formation services as a starting point for eventual conversion into other legal services. UBS wants to see improving customer lifetime value before recommending the shares.
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Read More on LZ:
- LegalZoom price target raised to $8.50 from $7 at Citi
- LegalZoom Enhances Board with Financial Expert Nathan Gooden
- LegalZoom price target raised to $8 from $7 at Barclays
- LegalZoom downgraded to Underweight from Neutral at JPMorgan
- LegalZoom Reports Strong Q3 2024 Earnings
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
