Piper Sandler analyst Thomas Champion lowered the firm’s price target on Vimeo (VMEO) to $7 from $8 and keeps an Overweight rating on the shares. The firm notes Q2 revenue and EBITDA were above lowered expectations and shares were up about 25%-plus after hours. Piper tweaks estimates higher, but lowers its FY26 revenue multiple to reflect a greater contribution from Self-Serve but less from Enterprise.
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