Raymond James Upgrades Weave Communications to Strong Buy, Announces $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Alexander Sklar upgraded Weave Communications (NYSE:WEAV) from Outperform to Strong Buy and set a $15 price target.
February 26, 2024 | 12:18 pm
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Weave Communications was upgraded by Raymond James from Outperform to Strong Buy with a new price target of $15.
Analyst upgrades typically lead to positive short-term price movements, especially when the upgrade is to a Strong Buy rating. The new price target of $15 suggests significant upside potential from current levels, likely increasing investor interest and buying pressure.
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