Wells Fargo analyst Brian Fitzgerald maintained a Buy rating on Vimeo (VMEO – Research Report) today and set a price target of $7.00. The company’s shares opened today at $3.67.
Fitzgerald covers the Technology sector, focusing on stocks such as Activision Blizzard, LiveRamp Holdings, and Meta Platforms. According to TipRanks, Fitzgerald has an average return of 14.8% and a 56.74% success rate on recommended stocks.
Vimeo has an analyst consensus of Moderate Buy, with a price target consensus of $6.25.
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VMEO market cap is currently $599.9M and has a P/E ratio of -11.11.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VMEO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Vimeo Holdings Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company’s comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform.
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