Needham analyst Scott Berg initiated coverage of Similarweb (SMWB) with a Buy rating and $11 price target The analyst believes Similarweb is an early leader in the web analytics space “possessing a deep and differentiated data asset it can monetize.” The firm views the company’s total addressable market as sufficiently large to drive durable revenue growth through at least the intermediate term.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.