In a report released on August 9, Arjun Bhatia from William Blair reiterated a Buy rating on Similarweb (SMWB – Research Report). The company’s shares closed last Friday at $6.55.
According to TipRanks, Bhatia is an analyst with an average return of -5.9% and a 38.74% success rate. Bhatia covers the Technology sector, focusing on stocks such as Atlassian, Radcom, and ServiceNow.
Currently, the analyst consensus on Similarweb is a Strong Buy with an average price target of $10.33, a 57.71% upside from current levels. In a report released on August 11, Oppenheimer also maintained a Buy rating on the stock with a $9.00 price target.
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The company has a one-year high of $9.42 and a one-year low of $4.37. Currently, Similarweb has an average volume of 111.8K.
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Similarweb Ltd provides a platform for digital intelligence, delivering a view of the digital world that empowers its customers to be competitive in markets.
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