Goldman Sachs Goes Bullish On ZipRecruiter; Shares Pop

January 7, 2022 9:15 AM | 1 min read | Make a Comment

Goldman Sachs analyst Eric Sheridan assumed coverage of ZipRecruiter Inc ZIP with a Buy rating and $35 price target, suggesting a 51.5% upside.
The analyst sees ZipRecruiter as a leader in the online recruiting market in the U.S., Canada, and the U.K.
The company is using its billions of monthly data points created through employer and job seeker interaction to disrupt the $205 billion U.S. recruiting market, Sheridan notes.
Price Action: ZIP shares traded higher by 5.15% at $24.29 in the premarket session on the last check Friday.