Raymond James Starts Squarespace (SQSP) at Outperform
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Street Largely Bullish on Squarespace (SQSP) on Attractive E-Commerce Services Opportunity and Strong Profitability Growth
June 14, 2021 11:37 AM EDTWall Street analysts have started coverage of Squarespace (NYSE: SQSP) with largely positive views. Only two out of ten analysts started the coverage with a Neutral or equivalent ratings while eight - including Citi, JPMorgan, and Goldman Sachs - initiated at Buy or equivalent.
The company made its public debut last month after opening at $48 per share. Prior to that, the company set a reference price of $50.00 per share. Shares plunged on the debut before racing higher to now trade at $60.00 apiece.
Citi analyst Drew Foster started at Buy with a price target of... More
Citi Starts Squarespace (SQSP) at Buy
June 14, 2021 5:32 AM EDTCiti analyst Drew Foster initiates coverage on Squarespace (NYSE: SQSP) with a Buy rating and a price target of $75.00.
The analyst comments "Were positive on the companys leadership in Presence and emerging eCommerce opportunity, supported by our view that it has... More
Piper Sandler Starts Squarespace (SQSP) at Neutral
June 14, 2021 4:20 AM EDTPiper Sandler analyst Brent Bracelin initiates coverage on Squarespace (NYSE: SQSP) with a Neutral rating and a price target of $62.00.
For an analyst ratings summary and ratings history on Squarespace click here. For more ratings news on Squarespace click here.
Shares of Squarespace closed at $59.90 yesterday.
... MoreUPDATE: KeyBanc Starts Squarespace (SQSP) at Overweight
June 14, 2021 2:42 AM EDT(Updated - June 14, 2021 4:18 AM EDT)
KeyBanc analyst Josh Beck initiates coverage on Squarespace (NYSE: SQSP) with a Overweight rating and a price target of $70.00.
The analyst comments "We see the attractive TAM assessed by ~800M small business-self employed,... More
UPDATE: JPMorgan Starts Squarespace (SQSP) at Overweight
June 14, 2021 2:30 AM EDT(Updated - June 14, 2021 2:31 AM EDT)
JPMorgan analyst Sterling Auty initiates coverage on Squarespace (NYSE: SQSP) with a Overweight rating and a price target of $70.00.
"Squarespace is a cloud-based website building platform that enables millions of businesses and independent creators to build... More
UPDATE: RBC Capital Starts Squarespace (SQSP) at Sector Perform
June 14, 2021 1:57 AM EDT(Updated - June 14, 2021 2:21 AM EDT)
RBC Capital analyst Brad Erickson initiates coverage on Squarespace (NYSE: SQSP) with a Sector Perform rating and a price target of $62.00.
The analyst comments "SQSP is one of a few leading players in... More
UPDATE: Goldman Sachs Starts Squarespace (SQSP) at Buy
June 14, 2021 1:45 AM EDT(Updated - June 14, 2021 2:18 AM EDT)
Goldman Sachs analyst Christopher Merwin initiates coverage on Squarespace (NYSE: SQSP) with a Buy rating and a price target of $90.00.
The analyst comments "In today's economy, we believe web design tools are breaking down the... More
UPDATE: JMP Securities Starts Squarespace (SQSP) at Market Outperform
June 14, 2021 1:28 AM EDT(Updated - June 14, 2021 2:34 AM EDT)
JMP Securities analyst Ronald Josey initiates coverage on Squarespace (NYSE: SQSP) with a Market Outperform rating and a price target of $75.00.
The analyst comments "Our five key investment themes: 1) A focus on designdesign is at the... More
