11 analysts have shared their evaluations of Freshworks (NASDAQ:FRSH) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
3
4
4
0
0
Last 30D
1
0
0
0
0
1M Ago
2
3
4
0
0
2M Ago
0
0
0
0
0
3M Ago
0
1
0
0
0
In the assessment of 12-month price targets, analysts unveil insights for Freshworks, presenting an average target of $21.82, a high estimate of $30.00, and a low estimate of $15.00. Highlighting a 14.03% decrease, the current average has fallen from the previous average price target of $25.38.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Freshworks by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Scott Berg
Needham
Maintains
Buy
$30.00
-
David Hynes
Canaccord Genuity
Lowers
Buy
$20.00
$27.00
Raimo Lenschow
Barclays
Lowers
Equal-Weight
$15.00
$20.00
Elizabeth Porter
Morgan Stanley
Lowers
Equal-Weight
$18.00
$22.00
Patrick Walravens
JMP Securities
Lowers
Market Outperform
$21.00
$29.00
Brett Knoblauch
Cantor Fitzgerald
Lowers
Overweight
$19.00
$25.00
Brent Bracelin
Piper Sandler
Lowers
Overweight
$22.00
$28.00
Scott Berg
Needham
Maintains
Buy
$30.00
-
Rob Oliver
Baird
Lowers
Neutral
$16.00
$28.00
Elizabeth Porter
Morgan Stanley
Lowers
Equal-Weight
$22.00
$24.00
Alex Zukin
Wolfe Research
Announces
Outperform
$27.00
-
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies ...Full story available on Benzinga.com
Benzinga