B. Riley raised the firm’s price target on Squarespace to $43 from $41 and keeps a Buy rating on the shares. Squarespace reported Q4 net revenues and bookings that beat consensus estimates, though adjusted EBITDA fell short of expectations, the analyst tells investors in a research note.
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Read More on SQSP:
- Squarespace announces $500M share repurchase program
- Squarespace sees FY24 revenue $1.17B-$1.19B, consensus $1.17B
- Squarespace sees Q1 revenue $274M-$277M, consensus $271.84M
- Squarespace reports Q4 EPS 4c, consensus 14c
- Squarespace Announces Fourth Quarter and Full Year 2023 Financial Results and $500 Million Share Repurchase Authorization
