Semrush Announces First Quarter 2024 Financial Results

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SEMrush Holdings, Inc (SEMR) PT Raised to $17 at Jefferies

May 7, 2024 12:30 PM EDT

Jefferies analyst Brent Thill raised the price target on SEMrush Holdings, Inc (NYSE: SEMR) to $17.00 (from $15.00) while maintaining a Buy rating.

The analyst comments "1Q revenue and earnings came in slightly ahead of expectations, and 2024 guidance for both revenues and margins was... More