Weave price target raised to $15 from $14 at BofA

BofA raised the firm’s price target on Weave to $15 from $14 and keeps a Buy rating on the shares. The company reported a fourth consecutive quarter of accelerating topline growth, driven by strong execution on the go-to-market side, paired with continued progress on the product integration front, while newly introduced 2024 revenue guidance was above Street expectations and Q4 results and management commentary “suggest healthy conservatism,” the analyst tells investors in a post-earnings note.