Citigroup Maintains Neutral on Weave Communications, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Weave Communications (NYSE:WEAV) and raises the price target from $6 to $12.
July 28, 2023 | 1:09 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Weave Communications and raised the price target from $6 to $12.
The news is directly related to Weave Communications. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $6 to $12 suggests a positive long-term outlook, which could potentially attract investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100