Navigating 9 Analyst Ratings For Freshworks
Portfolio Pulse from Benzinga Insights
Freshworks (NASDAQ:FRSH) received mixed analyst ratings over the last quarter, with a majority being bullish. Analysts have set a 12-month price target averaging $19.67, a decline from previous targets. The company's financial performance shows positive revenue growth but struggles with profitability and returns.
July 31, 2024 | 5:01 pm
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Freshworks received mixed analyst ratings, with a majority being bullish. The average 12-month price target is $19.67, a decline from previous targets. The company's financial performance shows positive revenue growth but struggles with profitability and returns.
The mixed analyst ratings and lowered price targets suggest a neutral short-term impact on Freshworks' stock price. While the majority of analysts are bullish, the decline in average price targets and financial performance challenges balance out the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100