Vimeo (NASDAQ:VMEO) Downgraded by Zacks Investment Research – ETF Daily News

Posted by MarketBeat News on May 11th, 2022 Vimeo (NASDAQ:VMEO – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday, Zacks.com reports. According to Zacks, “Vimeo Inc. provides video software solution. The company’s platform enables any professional, team and organization to unlock the power of video to create, collaborate and communicate. Vimeo Inc. is based in NEW YORK. “ VMEO has been the subject of a number of other research reports. Piper Sandler downgraded shares of Vimeo from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $18.00 to $10.00 in a research report on Thursday, May 5th. Jefferies Financial Group reduced their price target on shares of Vimeo from $35.00 to $25.00 in a research report on Friday, February 11th. Truist Financial reduced their price target on shares of Vimeo from $36.00 to $22.00 in a research report on Monday, February 14th. Finally, Wells Fargo & Company reduced their price target on shares of Vimeo from $33.00 to $20.00 and set an “overweight” rating for the company in a research report on Monday, February 14th. Six investment analysts…
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