Jefferies Upgrades SEMrush Hldgs: Here's What You Need To Know

Jefferies upgraded its rating of SEMrush Hldgs SEMR to Buy with a price target of $15.00, changing its price target from $9.00 to $15.00.

Shares of SEMrush Hldgs are trading up 6.24% over the last 24 hours, at $11.91 per share.

A move to $15.00 would account for a 25.94% increase from the current share price.

About SEMrush Hldgs

SEMrush Holdings Inc is engaged in the provision of an online visibility management software-as-a-service platform. Its platform enables subscribers to improve their online visibility and drive traffic, including on their websites and social media pages, and distribute highly relevant content to their customers on a targeted basis across various channels to drive high-quality traffic and measure the effectiveness of their digital marketing campaigns. Geographically, it generates revenues from the US, the UK, and other regions.

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