Keybanc Maintains Overweight on SEMrush Hldgs, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jason Ader maintains an Overweight rating on SEMrush Holdings (NYSE:SEMR) and raises the price target from $19 to $21.
October 02, 2024 | 11:09 am
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Keybanc analyst Jason Ader has maintained an Overweight rating on SEMrush Holdings and increased the price target from $19 to $21, indicating a positive outlook on the stock.
The increase in price target from $19 to $21 by Keybanc, along with maintaining an Overweight rating, suggests a positive sentiment towards SEMrush Holdings. This is likely to have a favorable impact on the stock price in the short term as it reflects confidence in the company's performance and potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100