Morgan Stanley Maintains Equal-Weight on Freshworks, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Elizabeth Porter has maintained an Equal-Weight rating on Freshworks (NASDAQ:FRSH) and raised the price target from $17 to $22.
August 04, 2023 | 11:27 am
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Morgan Stanley has maintained an Equal-Weight rating on Freshworks and raised the price target from $17 to $22, which could potentially lead to an increase in the stock's price.
The increase in price target by Morgan Stanley indicates a positive outlook for Freshworks. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
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