Freshworks price target raised to $22 from $19 at BofA

BofA raised the firm’s price target on Freshworks (FRSH) to $22 from $19 and keeps a Neutral rating on the shares after the company reported better than projected Q4 results. However, embedded organic growth and 2025 guidance assume back half revenue deceleration, which “could blunt investor enthusiasm for what was an overall solid print,” the analyst added.