Barclays Maintains Equal-Weight on Squarespace, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young has maintained an Equal-Weight rating on Squarespace (NYSE:SQSP) and lowered the price target from $30 to $29.
July 12, 2023 | 11:07 am
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NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on Squarespace and lowered the price target from $30 to $29. This could potentially impact the stock's performance.
The lowering of the price target by Barclays could potentially lead to a decrease in the stock price of Squarespace in the short term. Investors may see this as a sign of decreased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100