BUZZ-Freshworks up after Oppenheimer upgrades it to outperform

Reuters
17 Jan

** Shares of software development firm Freshworks rise 4.4% to $17.5

** Brokerage Oppenheimer upgrades FRSH to "outperform" from "perform"

** Oppenheimer says Freshworks is looking to "turn things around and a thematic play on an improving small and medium-sized business marketing"

** In our view, improving the sales efficiency and showing durable AI revenue monetization are keys to the future growth story for Freshworks — brokerage

** FRSH had fallen 31% in 2024

(Reporting by Juby Anna Babu in Mexico City)

((Juby.Babu@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10