JMP Securities Maintains Market Outperform on Similarweb, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Similarweb and raised its price target from $14 to $16.
August 21, 2024 | 2:03 pm
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POSITIVE IMPACT
JMP Securities has maintained a Market Outperform rating on Similarweb and increased the price target from $14 to $16, indicating a positive outlook.
The increase in price target from $14 to $16 by JMP Securities suggests a positive outlook for Similarweb's stock. Maintaining a Market Outperform rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100