BMO Capital Maintains Market Perform on WalkMe, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained a 'Market Perform' rating on WalkMe (NASDAQ:WKME) and increased the price target from $9.5 to $11.
November 15, 2023 | 3:42 pm
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POSITIVE IMPACT
BMO Capital has maintained a 'Market Perform' rating on WalkMe and raised the price target from $9.5 to $11, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests an improved outlook for WalkMe, which could lead to increased investor confidence and a potential short-term rise in the stock price. The 'Market Perform' rating indicates that the stock is expected to perform in line with the market, but the raised target price implies that the analyst sees some positive factors that could influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100