Barclays Downgrades WalkMe to Underweight, Announces $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has downgraded WalkMe (NASDAQ:WKME) from Equal-Weight to Underweight and set a price target of $10.
January 12, 2024 | 10:23 am
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WalkMe's stock rating has been downgraded by Barclays from Equal-Weight to Underweight with a new price target of $10.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a decrease in stock price. The new price target of $10 suggests a bearish outlook on the stock's value.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100