JMP Securities Reaffirms Their Buy Rating on Similarweb (SMWB)

In a report released today, Patrick Walravens from JMP Securities maintained a Buy rating on Similarweb (SMWBResearch Report), with a price target of $14.00. The company’s shares closed yesterday at $6.64.

According to TipRanks, Walravens is an analyst with an average return of -1.6% and a 39.08% success rate. Walravens covers the Technology sector, focusing on stocks such as NICE, Salesforce, and Sprinklr.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Similarweb with a $17.00 average price target.

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SMWB market cap is currently $504.2M and has a P/E ratio of -5.61.

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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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