UBS lowered the firm’s price target on Freshworks to $22 from $27 and keeps a Buy rating on the shares. The firm thinks the Q3 print was solid and “good enough,” the analyst tells investors in a research note, adding that the print was better than sentiment. UBS still sees 20% growth potential on the table.
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Read More on FRSH:
- Freshworks price target lowered to $23 from $25 at BofA
- Freshworks price target lowered to $22 from $24 at Morgan Stanley
- Freshworks price target lowered to $20 from $25 at Barclays
- Freshworks raises FY23 EPS view to 23c-25c from 18c-22c, consensus 20c
- Freshworks sees Q4 EPS 4c-6c, consensus 5c
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