Raymond James Maintains Outperform Rating for Weave Communications: Here's What You Need To Know

Raymond James has decided to maintain its Outperform rating of Weave Communications WEAV and raise its price target from $6.00 to $13.00.

Shares of Weave Communications are trading up 3.69% over the last 24 hours, at $11.23 per share.

A move to $13.00 would account for a 15.76% increase from the current share price.

About Weave Communications

Weave Communications Inc sells subscriptions for its integrated communications platform, which combines software, communication and analysis tools with voice over internet protocol (VoIP) phone services. The Company derives substantially all revenue from subscription services by providing customers access to its platform.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.