JP Morgan Maintains Overweight on SEMrush Hldgs, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy has maintained an Overweight rating on SEMrush Holdings (NYSE:SEMR) and raised the price target from $16 to $17.
October 02, 2024 | 4:13 pm
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POSITIVE IMPACT
JP Morgan has reaffirmed its Overweight rating on SEMrush Holdings and increased the price target from $16 to $17, indicating a positive outlook.
The increase in price target from $16 to $17 by JP Morgan suggests a positive outlook for SEMrush Holdings, likely boosting investor confidence and potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100