Credit Suisse Maintains Neutral on Squarespace, Raises Price Target to $32
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Timothy Chiodo has maintained a Neutral rating on Squarespace (NYSE:SQSP) and raised the price target from $30 to $32.
August 10, 2023 | 12:52 pm
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NEUTRAL IMPACT
Credit Suisse has maintained a Neutral rating on Squarespace and raised the price target from $30 to $32.
The news is directly about Squarespace and its stock rating by Credit Suisse. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is not expected to outperform the market in the short term. Therefore, the short term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100