On Nov 07, major Wall Street analysts update their ratings for $Freshworks (FRSH.US)$, with price targets ranging from $14 to $24.
Wells Fargo analyst Michael Berg maintains with a hold rating, and maintains the target price at $14.
Baird analyst Robert Oliver maintains with a hold rating, and adjusts the target price from $16 to $15.
Needham analyst Scott Berg maintains with a buy rating, and maintains the target price at $20.
Piper Sandler analyst Brent Bracelin maintains with a buy rating, and adjusts the target price from $13 to $18.
JMP Securities analyst Patrick Walravens maintains with a buy rating, and adjusts the target price from $21 to $24.
Furthermore, according to the comprehensive report, the opinions of $Freshworks (FRSH.US)$'s main analysts recently are as follows:
Freshworks reported a strong third quarter, with revenue surpassing expectations and the company raising future revenue projections, coupled with improved margin guidance.
Freshworks delivered earnings that matched expectations when considering Device42 adjustments. However, disruptions are anticipated in the near term due to a significant reduction in force, alterations in go-to-market strategies, and a decrease in revenue forecasts accompanied by an early outlook for FY25. It is projected that the company's stock will stay within a certain range while it navigates through these changes in focus.
Here are the latest investment ratings and price targets for $Freshworks (FRSH.US)$ from 5 analysts:
Note:
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