Scotiabank raised the firm’s price target on Freshworks (FRSH) to $18 from $14 and keeps a Sector Perform rating on the shares. The firm believes that if broader macro weakness should surface, the company is well positioned given its time to return on investment remains attractive and its average selling prices are at a steep discount to peers.
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Read More on FRSH:
- Freshworks price target raised to $22 from $20 at Piper Sandler
- Strong Financial Performance and Strategic Positioning Make Freshworks a Buy
- Freshworks’ Exceptional Performance and Strategic Growth in Customer Acquisition and Revenue
- Freshworks price target raised to $12 from $11 at Wells Fargo
- Freshworks, Inc. Reports Strong Q1 2025 Growth