Barclays Maintains Overweight on Similarweb, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Similarweb (NYSE:SMWB) and raises the price target from $9 to $10.

August 08, 2024 | 12:21 pm
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Barclays analyst Raimo Lenschow maintains an Overweight rating on Similarweb and raises the price target from $9 to $10.
The increase in price target from $9 to $10 by a reputable analyst at Barclays is a positive signal for investors, indicating confidence in Similarweb's future performance. This is likely to result in a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100