Loop Capital analyst Mark Schappel raised the firm’s price target on Weave (WEAV) to $18 from $15 and keeps a Buy rating on the shares. The company posted strong results ahead of both consensus expectations, with broad strength exhibited across the business, the analyst tells investors in a research note. Weave management’s commentary around the business was also “as upbeat as we can recall” amid a much-expanded opportunity today than just a year ago, the firm added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on WEAV:
- Weave price target raised to $17 from $16 at Piper Sandler
- Weave Communications Reports Strong Q3 2024 Results
- Weave reports Q3 EPS 3c, consensus 0c
- Weave sees FY24 revenue $202.7M-$203.7M, consensus $202.0M
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
