Vimeo, Inc. (NASDAQ:VMEO) gapped down prior to trading on Friday after Jefferies Financial Group lowered their price target on the stock from $35.00 to $25.00. The stock had previously closed at $11.24, but opened at $10.81. Vimeo shares last traded at $11.86, with a volume of 7,917 shares. Vimeo Stock is an Enterprise Streaming PlayOther analysts also recently issued reports about the stock. JPMorgan Chase & Co. cut their price objective on shares of Vimeo from $30.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 15th. Cowen downgraded shares of Vimeo from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $50.00 to $30.00 in a research report on Friday, November 5th. Piper Sandler cut their price objective on shares of Vimeo from $33.00 to $18.00 and set an “overweight” rating on the stock in a research report on Friday. BMO Capital Markets cut their price objective on shares of Vimeo from $28.00 to $21.00 and set a “market perform” rating on the stock in a research report on Wednesday, December 8th. Finally, Zacks Investment Research raised shares of Vimeo from a “sell”…
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Vimeo (NASDAQ:VMEO) Shares Gap Down After Analyst Downgrade | MarketBeat
