tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Semrush price target lowered to $12 from $16 at KeyBanc

KeyBanc lowered the firm’s price target on Semrush (SEMR) to $12 from $16 and keeps an Overweight rating on the shares. The firm notes ARR missed its estimates, paying customers fell for the first time, and guidance was cut for the full year. On top of that, there is an implied acceleration in the Q4 exiting the year.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1