Barclays Maintains Equal-Weight on Squarespace, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young has maintained an Equal-Weight rating on Squarespace (NYSE:SQSP) and raised the price target from $29 to $33.
August 09, 2023 | 4:16 pm
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on Squarespace and raised the price target from $29 to $33, which could potentially lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for Squarespace. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100