Scotiabank raised the firm’s price target on Freshworks (FRSH) to $17 from $16 and keeps a Sector Perform rating on the shares. While Q3 results had some issues, Freshworks is leaning into its strengths and free-cash-flow margins should provide valuation support, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FRSH: