In a report released today, Brian Schwartz from Oppenheimer maintained a Buy rating on Freshworks (FRSH – Research Report), with a price target of $26.00. The company’s shares closed yesterday at $18.52.
Schwartz covers the Technology sector, focusing on stocks such as Salesforce, Adobe, and PROS Holdings. According to TipRanks, Schwartz has an average return of 20.3% and a 62.55% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Freshworks with a $25.85 average price target.
FRSH market cap is currently $5.47B and has a P/E ratio of -39.08.
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Freshworks (FRSH) Company Description:
Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks.
Read More on FRSH:
- Freshworks price target lowered to $22 from $24 at Morgan Stanley
- Jefferies software/Internet analyst to hold analyst/industry conference call
- Porsche eBike Performance Accelerates IT Efficiency with Freshworks’ AI-Powered Enterprise Software
- Freshworks to Participate in Upcoming Investor Conferences
