Jefferies Maintains Hold Rating for Freshworks: Here's What You Need To Know

Jefferies has decided to maintain its Hold rating of Freshworks FRSH and raise its price target from $23.00 to $24.00.

Shares of Freshworks are trading up 2.47% over the last 24 hours, at $22.44 per share.

A move to $24.00 would account for a 6.95% increase from the current share price.

About Freshworks

Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CX and ITSM categories and has also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and better serve their customers and employees. The group derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and Other regions.

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