BMO Capital Maintains Market Perform Rating for WalkMe: Here's What You Need To Know

BMO Capital has decided to maintain its Market Perform rating of WalkMe WKME and raise its price target from $9.50 to $11.00.

Shares of WalkMe are trading up 0.61% over the last 24 hours, at $9.88 per share.

A move to $11.00 would account for a 11.34% increase from the current share price.

About WalkMe

WalkMe Ltd is the defining solution enabling organizations to realize the value of software investments. It is a cloud-based digital adoption platform, users employees and customers of organizations can navigate websites, SaaS applications, and mobile apps through a digital, GPS-like experience to accomplish any task from simple, online transactions, to complex cross-application software processes, to fully autonomous experiences that require no manual clicks or entries. Substantial revenue is derived from the United States.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

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

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