Reported 1 day ago
LegalZoom (LZ) recently hit an all-time high after it raised its full-year growth forecast to an 8% revenue increase, causing investor enthusiasm and a bullish outlook from analysts. The stock climbed to $11.93 during trading before closing at $10.98, a 31.18% increase. Bank of America upgraded its rating from 'underperform' to 'buy' and raised the price target to $12, reflecting confidence in the company's future earnings despite some past net loss.
Source: YAHOO