Weave Communications shares are trading higher after Raymond James upgraded the stock from Outperform to Strong Buy and announced a $15 price target.
Portfolio Pulse from Benzinga Newsdesk
Weave Communications' stock trades higher following an upgrade from Raymond James, moving from Outperform to Strong Buy, with a new price target of $15.
February 26, 2024 | 3:33 pm
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POSITIVE IMPACT
Weave Communications sees its stock price increase after Raymond James upgrades it to Strong Buy and sets a $15 price target.
The upgrade by Raymond James from Outperform to Strong Buy, accompanied by a significant price target of $15, is a strong positive signal to the market. This endorsement likely increases investor confidence in Weave Communications, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100