Vimeo, Inc. (NASDAQ:VMEO) Given Consensus Rating of “Hold” by Brokerages – ETF Daily News

Posted by MarketBeat News on May 19th, 2022 Shares of Vimeo, Inc. (NASDAQ:VMEO – Get Rating) have earned an average recommendation of “Hold” from the nine analysts that are presently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $21.29. A number of equities research analysts have weighed in on the stock. Piper Sandler downgraded shares of Vimeo from an “overweight” rating to a “neutral” rating and cut their price target for the company from $18.00 to $10.00 in a report on Thursday, May 5th. Jefferies Financial Group cut their price target on shares of Vimeo from $35.00 to $25.00 in a report on Friday, February 11th. Wells Fargo & Company cut their price objective on Vimeo from $33.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, February 14th. Truist Financial cut their price objective on Vimeo from $36.00 to $22.00 in a report on Monday, February 14th. Finally, Zacks Investment Research downgraded Vimeo from a “buy” rating to…
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