JMP Securities analyst Patrick Walravens maintained a Buy rating on Similarweb (SMWB – Research Report) today and set a price target of $14.00. The company’s shares closed yesterday at $6.66.
According to TipRanks, Walravens is an analyst with an average return of -6.9% and a 41.70% success rate. Walravens covers the Technology sector, focusing on stocks such as Sprinklr, Workday, and Vertex.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Similarweb with a $10.00 average price target, a 50.15% upside from current levels. In a report released on February 7, Jefferies also assigned a Buy rating to the stock with a $10.00 price target.
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The company has a one-year high of $7.95 and a one-year low of $4.58. Currently, Similarweb has an average volume of 113.1K.
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Similarweb (SMWB) Company Description:
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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