- 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.
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