Macquarie raised the price target for the ZTO Express (Cayman) Inc. (NYSE:ZTO) stock from ‘a Neutral’ to ‘an Outperform’. The rating was released on November 18, 2021, according to finviz. We previously noted in another research note published on November 18, 2021 by BofA Securities that upgraded the stock from a Neutral to a Buy with a price target of $36 for ZTO stock. The research report from Goldman has downgraded the stock from Buy to Neutral, with a price target set at $44. The stock was resumed by Macquarie, who disclosed in a research note on June 15, 2021, to Neutral and set the price objective to $31.
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