Freshworks Inc (FRSH) Announces CEO Transition
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Oppenheimer Downgrades Freshworks Inc (FRSH) to Perform
May 2, 2024 6:30 AM EDTOppenheimer analyst Brian Schwartz downgraded Freshworks Inc (NASDAQ: FRSH) from Outperform to Perform.
The analyst comments "We lower our rating on FRSH to Perform from Outperform and remove our $26 PT as the growth-profile adversely changed from the SMB headwinds and leadership abruptly... More
Freshworks Inc (FRSH) PT Lowered to $19 at JPMorgan
May 2, 2024 5:36 AM EDTJPMorgan analyst Pinjalim Bora lowered the price target on Freshworks Inc (NASDAQ: FRSH) to $19.00 (from $24.00) while maintaining a Overweight rating.
The analyst comments "Freshworks reported a curve-ball of a quarter, as reported billings growth landed below expectations. Our understanding is that the main reason for the billings miss was the negative impact of a challenging, but consistent, SMB business environment on a seasonally bigger SMB quarter, which was not completely contemplated within the guidance framework. This... More
