JMP Securities Reiterates Market Outperform on Squarespace, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone has reiterated a Market Outperform rating on Squarespace (NYSE:SQSP), maintaining a $45 price target on the stock.
April 30, 2024 | 4:16 pm
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JMP Securities reaffirms Squarespace's Market Outperform rating with a $45 price target.
The reiteration of a Market Outperform rating and maintenance of a $45 price target by a reputable analyst like Andrew Boone from JMP Securities could instill confidence among investors and potentially drive Squarespace's stock price upwards in the short term. Analyst ratings, especially those that are positive, often lead to increased investor interest and can influence stock price movements.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100