Raymond James upgraded Weave to Strong Buy from Outperform with a $15 price target. The firm, which added shares to the Analyst Current Favorites list, believes recent momentum in the business will continue in 2024 and the pullback in shares following its Q4 report last week creates an even more favorable risk/reward setup. Raymond James sees higher take rates of its largest bundle and a broader lead generation motion supporting higher growth in 2024.
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