Oppenheimer lowered the firm’s price target on Freshworks (FRSH) to $18 from $19 and keeps an Outperform rating on the shares. The firm adjusted smid-cap software targets as part of a Q4 earnings preview. Software sentiment remains cautious in 2026 on perceived artificial intelligence risks, the analyst tells investors in a research note. The firm sees Freshworks beating Q4 estimates, pbut says the stock slightly post quarter given small business market uncertainty.
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