Piper Sandler Maintains Overweight on Freshworks, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Freshworks (NASDAQ:FRSH) and increased the price target from $24 to $28. This adjustment reflects a positive outlook on the company's stock.
January 02, 2024 | 2:41 pm
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Piper Sandler's analyst Brent Bracelin has reaffirmed an Overweight rating on Freshworks and raised the price target to $28, indicating a bullish stance on the stock.
The increase in price target by a reputable analyst typically signals confidence in the company's future performance and growth potential, which can positively influence investor sentiment and drive the stock price up in the short term.
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