Barclays Maintains Equal-Weight on Squarespace, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young maintains an Equal-Weight rating on Squarespace (NYSE:SQSP) and raises the price target from $44 to $47.
September 10, 2024 | 2:42 pm
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Barclays analyst Trevor Young maintains an Equal-Weight rating on Squarespace and raises the price target from $44 to $47, indicating a positive outlook.
The increase in price target from $44 to $47 by Barclays suggests a positive outlook for Squarespace, which could lead to a short-term increase in stock price. The Equal-Weight rating indicates a neutral stance, but the raised target shows confidence in potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100