Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell started coverage on shares of Similarweb (NYSE:SMWB) in a research report report published on Monday morning, Price Targets.com reports. The firm issued a buy rating and a $32.00 target price on the stock.
SMWB has been the subject of a number of other research reports. William Blair began coverage on Similarweb in a report on Monday. They issued an outperform rating for the company. Barclays assumed coverage on shares of Similarweb in a research note on Monday. They set an equal weight rating and a $24.00 price objective for the company. Jefferies Financial Group began coverage on shares of Similarweb in a research note on Monday. They issued a hold rating and a $23.00 target price on the stock. JPMorgan Chase & Co. began coverage on shares of Similarweb in a research note on Monday. They set an overweight rating and a $31.00 price target for the company. Finally, Citigroup initiated coverage on shares of Similarweb in a research report on Monday. They issued a buy rating on the stock. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Similarweb has a consensus rating of Buy and an average price target of $27.67.
Shares of NYSE:SMWB opened at $21.80 on Monday. Similarweb has a 12 month low of $19.75 and a 12 month high of $22.99.
Similarweb Ltd. provides website traffic solutions through AI-driven data analytics worldwide. It offers digital research intelligence solutions that allow senior leaders, strategy, business intelligence, and consumer insights teams to benchmark performance against competitors and market leaders, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and digital marketing solutions, which enable marketing leaders, search engine optimization, and content managers, pay-per-click, performance marketers, affiliate marketers, and media buyers to understand their competitors' online acquisition strategies in each marketing channel.
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