Goldman Sachs Maintains Neutral on SEMrush Hldgs, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Christopher Merwin has maintained a Neutral rating on SEMrush Holdings (SEMR) and increased the price target from $10 to $12.
January 23, 2024 | 2:10 pm
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Goldman Sachs maintains a Neutral rating on SEMrush Holdings and raises the price target from $10 to $12.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive outlook on the company's valuation, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100