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Stifel Nicolaus Sticks to Its Buy Rating for Weave Communications (WEAV)
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Stifel Nicolaus Sticks to Its Buy Rating for Weave Communications (WEAV)

Stifel Nicolaus analyst J. Parker Lane maintained a Buy rating on Weave Communications (WEAVResearch Report) today and set a price target of $18.00. The company’s shares closed yesterday at $10.93.

According to TipRanks, Parker Lane is an analyst with an average return of -4.4% and a 39.23% success rate. Parker Lane covers the Technology sector, focusing on stocks such as Salesforce, Intapp, and Adobe.

Weave Communications has an analyst consensus of Strong Buy, with a price target consensus of $15.00, a 37.24% upside from current levels. In a report released today, Bank of America Securities also reiterated a Buy rating on the stock with a $15.00 price target.

WEAV market cap is currently $775.8M and has a P/E ratio of -23.80.

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Weave Communications (WEAV) Company Description:

Weave Communications Inc is a all-in-one customer communications and engagement software platform for small and medium-sized businesses.

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