Canaccord lowered the firm’s price target on Freshworks (FRSH) to $14 from $19 and keeps a Buy rating on the shares. The firm said they posted upside Q4 results on both the top and bottom line, and revenue growth guidance for C2026 came in modestly ahead of expectations. However, Canaccord said the growth deceleration has to stop noting trend has felt increasingly disconnected from management’s generally upbeat commentary, creating understandable confusion and frustration among investors.
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