William Blair Downgrades Squarespace to Market Perform
Portfolio Pulse from Benzinga Newsdesk
William Blair analyst Arjun Bhatia has downgraded Squarespace (NYSE:SQSP) from Outperform to Market Perform.
October 14, 2024 | 5:35 pm
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William Blair analyst Arjun Bhatia downgraded Squarespace from Outperform to Market Perform, indicating a less optimistic view on the stock's short-term performance.
The downgrade from Outperform to Market Perform by a reputable analyst suggests a reduced expectation for Squarespace's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on this new rating.
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IMPORTANCE 80
RELEVANCE 100