Squarespace price target raised to $37 from $34 at Barclays

Barclays raised the firm’s price target on Squarespace to $37 from $34 and keeps an Equal Weight rating on the shares. The company reported a solid Q4 beat on revenue as unique subscribers accelerated even excluding new domain customers, the analyst tells investors in a research note. The firm says the May analyst day and potential pricing actions later in the summer “set a cadence of possible catalysts for 2024.”