UBS Maintains Buy on Freshworks, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Taylor McGinnis maintains a Buy rating on Freshworks (NASDAQ:FRSH) but has lowered the price target from $27 to $22.

November 01, 2023 | 6:59 pm
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UBS analyst maintains a Buy rating on Freshworks but lowers the price target from $27 to $22.
The news is directly about Freshworks and its stock. The lowered price target might cause some investors to reassess their positions, potentially leading to short-term volatility. However, the maintained Buy rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
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IMPORTANCE 80
RELEVANCE 100