Oppenheimer analyst Ken Wong raised the firm’s price target on Similarweb (SMWB) to $14 from $13 and keeps an Outperform rating on the shares. Similarweb posted Q2 results above expectations and its guidance is likely conservative amid stronger demand for genAI and LLM training data, AI agents, and an improved App Intelligence product, the analyst tells investors in a research note.
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Read More on SMWB:
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