JP Morgan Maintains Overweight on Similarweb, Lowers Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Sterling Auty has maintained an Overweight rating on Similarweb (NYSE:SMWB), but lowered the price target from $12 to $10.
August 10, 2023 | 4:53 pm
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JP Morgan has maintained an Overweight rating on Similarweb, but lowered the price target from $12 to $10.
The news is directly related to Similarweb (SMWB). While the Overweight rating suggests that JP Morgan expects the stock to outperform, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
RELEVANCE 100