Analysts Weigh In on Similarweb, Cisco Systems, and Trimble
Analysts have weighed in on three technology companies: Similarweb (SMWB), Cisco Systems (CSCO), and Trimble (TRMB). According to TipRanks.com, analysts maintain a Moderate Buy rating on Similarweb with an average price target of $9.13, a 14.1% upside from current levels.
Barclays analyst Raimo Lenschow maintained a Buy rating on Similarweb today and set a price target of $11.00, while Northland Securities upgraded the stock to Buy with a $10.00 price target. The company's shares closed last Wednesday at $8.79.
Lenschow is a 4-star analyst with an average return of 7.2% and a 52.2% success rate, covering stocks such as International Business Machines, DigitalOcean Holdings, and Klaviyo, Inc. Class A.
In contrast, Barclays' Tim Long maintained a Hold rating on Cisco Systems, with a price target of $123.00, while Guy Hardwick from Barclays maintained a Buy rating on Trimble, with a price target of $79.00.