Barclays analyst Raimo Lenschow lowered the firm’s price target on WalkMe to $8 from $8.50 and keeps an Underweight rating on the shares. The firm says it could see increased confidence for the WalkMe story post the Q1 report. “It seems we are close to the revenue growth trough,” the analyst tells investors in a research note. However, more concrete evidence is needed, says Barclays.
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