Morgan Stanley Maintains Equal-Weight on SEMrush Hldgs, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Elizabeth Porter has maintained an Equal-Weight rating on SEMrush Hldgs (NYSE:SEMR) and lowered the price target from $12 to $10.
November 03, 2023 | 1:27 pm
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Morgan Stanley has maintained an Equal-Weight rating on SEMrush Hldgs and lowered the price target from $12 to $10.
The lowering of the price target by Morgan Stanley from $12 to $10 indicates a bearish outlook for SEMrush Hldgs. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100