Morgan Stanley raised the firm’s price target on Freshworks (FRSH) to $19 from $18 and keeps an Equal Weight rating on the shares. The recent reduction to the Street’s FY25 revenue view reduces estimate risk, while early signs of Freddy AI adoption can improve investor perception of Freshworks as an AI- beneficiary, the analyst tells investors.
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- Freshworks price target raised to $16 from $14 at Wells Fargo
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