Piper Sandler Maintains Neutral on Weave Communications, Raises Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin maintains a Neutral rating on Weave Communications (NYSE:WEAV) and raises the price target from $6 to $12.
July 31, 2023 | 9:17 am
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Piper Sandler has maintained a Neutral rating on Weave Communications and raised the price target from $6 to $12.
The news directly pertains to Weave Communications. Piper Sandler'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. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100