Ziff Davis Stock Drops After Analyst Downgrades

Ziff Davis stock drops after analysts lower price targets, reflecting a less optimistic outlook on the companys immediate performance. Despite keeping hold ratings, major banks like UBS, Citi, and Barclays reduced their expected price for Ziff Davis shares, contributing to a sell-off and a significant drop in stock price. The companys stock has been volatile, trading significantly below its highest point from last December and down over thirty-seven percent since the start of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.