Vimeo (NASDAQ:VMEO) Upgraded by Zacks Investment Research to “Buy” | MarketBeat

Vimeo (NASDAQ:VMEO – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Friday, Zacks.com reports. The brokerage presently has a $12.00 target price on the stock. Zacks Investment Research’s price objective would suggest a potential upside of 21.09% from the stock’s current price. Vimeo Stock is an Enterprise Streaming PlayAccording 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. “Several other equities research analysts also recently weighed in on the company. 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. Jefferies Financial Group cut their price objective on Vimeo from $35.00 to $25.00 in a report on Friday, February 11th. Piper Sandler downgraded Vimeo from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $18.00 to $10.00 in a report on Thursday. Finally, Truist Financial cut their target price on Vimeo from $36.00 to…
Read More