Needham Reiterates Buy on WalkMe, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg reiterated a Buy rating on WalkMe (NASDAQ:WKME) and maintained a $20 price target.

May 06, 2024 | 10:11 am
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Needham analyst Scott Berg reiterated a Buy rating on WalkMe, maintaining a $20 price target.
The reiteration of a Buy rating and maintenance of a $20 price target by a reputable analyst like Scott Berg from Needham is likely to instill confidence among investors and could positively influence WalkMe's stock price in the short term. Analyst ratings, especially with a Buy recommendation, tend to have a positive impact on stock prices as they reflect the analyst's confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100