Raymond James Maintains Outperform on Squarespace, Lowers Price Target to $55
Raymond James analyst Aaron Kessler maintains Squarespace (NYSE:SQSP) with a Outperform and lowers the price target from $70 to $55.
10 Biggest Price Target Changes For Tuesday
Rosenblatt raised the price target on The Trade Desk, Inc. (NASDAQ: TTD) from $40 to $60. Trade Desk shares rose 1.1% to $82.20 in pre-market trading.
Piper Sandler Maintains Neutral on Squarespace, Lowers Price Target to $50
Piper Sandler analyst Brent Bracelin maintains Squarespace (NYSE:SQSP) with a Neutral and lowers the price target from $62 to $50.
Keybanc Maintains Overweight on Squarespace, Lowers Price Target to $60
Keybanc analyst Josh Beck maintains Squarespace (NYSE:SQSP) with a Overweight and lowers the price target from $70 to $60.
8 Stocks Moving In Monday’s After-Hours Session
Gainers
Kansas City Southern (NYSE: KSU) shares are trading higher following a report suggesting Canadian Pacific plans a new higher bid for the company, near $300 per share.
Squarespace Sees Q3 Sales $193M-$198M vs $197.79M Est., Sees FY21 Sales $772M-$780M vs $773.77M Est.
r the third quarter of fiscal year 2021, Squarespace currently expects:
Revenue of $193 million to $198 million, representing year-over-year growth of 19% to 22%.
Non-GAAP
Squarespace Q2 EPS $(3.22) Misses $(0.15) Estimate, Sales $196.01M Beat $188.30M Estimate
Squarespace (NYSE:SQSP) reported quarterly losses of $(3.22) per share which missed the analyst consensus estimate of $(0.15) by 2046.67 percent. The company reported quarterly sales of $196.01 million which beat the
BofA Cites 5 Factors For Initiating Squarespace Stock At Buy
There is upside to Squarespace Inc’s (NYSE: SQSP) stock, given the company’s robust top-line growth, predictable revenue base, global expansion, margin expansion, upmarket initiatives and penetration of a large market opportunity, according to BofA Securities.
B of A Securities Initiates Coverage On Squarespace with Buy Rating, Announces Price Target of $73
B of A Securities analyst Nat Schindler initiates coverage on Squarespace (NYSE:SQSP) with a Buy rating and announces Price Target of $73.