Morgan Stanley lowered the firm’s price target on Semrush (SEMR) to $13 from $19 and keeps an Overweight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SEMR:
- SEMrush Holdings: Buy Rating Affirmed Amid Enterprise Growth and Attractive Valuation
- Semrush participates in a conference call with Northland
- Semrush Holdings’ Earnings Call: Strong Growth Amid Challenges
- Semrush Reports Strong Growth and Leadership Change
- SEMrush Holdings: Strong Enterprise Performance and Strategic Leadership Transition Drive Buy Rating
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue