Weave price target raised to $18 from $15 at Stifel

Stifel raised the firm’s price target on Weave to $18 from $15 and keeps a Buy rating on the shares. The company delivered solid Q4 results and offered a “very achievable” range for its FY24 guidance, the analyst tells investors. Weave has put itself on much more stable footing under CEO White’s leadership and current valuation levels are “very attractive,” the firm adds.