Barclays reports that as part of the firm’s regular monitoring of the analyst’s web tools coverage for pricing changes, the firm found that Squarespace has increased its monthly pricing $2-$7 per month, or 9%-11%, across all four subscription tiers sometime since February 5. The firm, which adds that the pricing change is “likely not yet baked into” Street estimates for FY24, has an Equal Weight rating and $34 price target on Squarespace shares.
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