In a report released today, Thomas Champion from Piper Sandler maintained a Hold rating on Vimeo (VMEO – Research Report), with a price target of $5.50. The company’s shares closed yesterday at $3.97.
According to TipRanks, Champion is an analyst with an average return of -2.8% and a 45.20% success rate. Champion covers the Communication Services sector, focusing on stocks such as Pinterest, Alphabet Class A, and Zillow Group Class A.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vimeo with a $5.90 average price target.
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The company has a one-year high of $5.19 and a one-year low of $3.02. Currently, Vimeo has an average volume of 1.18M.
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Vimeo (VMEO) Company Description:
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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