Freshworks (FRSH) was downgraded to a Hold Rating at Jefferies
Freshworks received a Hold rating and price target from Jefferies analyst today.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
In addition to Jefferies, Freshworks also received a Hold from Piper Sandler’s Billy Fitzsimmons in a report issued on February 11. However, on the same day, Canaccord Genuity maintained a Buy rating on Freshworks (NASDAQ: FRSH).
Based on Freshworks’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $222.74 million and a net profit of $191.45 million. In comparison, last year the company earned a revenue of $194.57 million and had a GAAP net loss of $21.9 million
Read More on FRSH:
Disclaimer & DisclosureReport an Issue
- Freshworks Earnings Call: AI, EX Drive Profitable Growth
- Freshworks price target lowered to $11 from $17 at UBS
- Freshworks: Conservative Guidance Masks Underlying Strength in Enterprise and Employee Experience Growth, Supporting Buy Rating
- Freshworks price target lowered to $10 from $16 at Baird
- Freshworks price target lowered to $16 from $27 at Citizens
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.