Loop Capital Maintains Buy on Weave Communications, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Weave Communications and raised its price target from $15 to $18, indicating confidence in the company's future performance.
October 31, 2024 | 6:49 pm
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Loop Capital has increased its price target for Weave Communications from $15 to $18, maintaining a Buy rating. This suggests a positive outlook for the company's stock.
The increase in price target from $15 to $18 by Loop Capital, along with the maintained Buy rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in WEAV's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100