B. Riley Securities Downgrades Squarespace to Neutral, Announces $43 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has downgraded Squarespace (NYSE:SQSP) from Buy to Neutral and set a price target of $43.
June 11, 2024 | 12:12 pm
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NEGATIVE IMPACT
B. Riley Securities has downgraded Squarespace from Buy to Neutral and set a price target of $43.
The downgrade from Buy to Neutral by a reputable analyst firm like B. Riley Securities is likely to negatively impact investor sentiment and short-term stock price. The new price target of $43 suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100