JP Morgan Maintains Overweight on Freshworks, Raises Price Target to $21
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Pinjalim Bora maintains an Overweight rating on Freshworks (NASDAQ:FRSH) and raises the price target from $18 to $21.
August 04, 2023 | 11:49 am
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Freshworks and raises the price target from $18 to $21.
The raised price target by JP Morgan indicates a positive outlook for Freshworks. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100