Goldman, Citi say Squarespace's hot start as a public company has room to run

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

New for subscribers: Goldman, Citi say Squarespace's hot start as a public company has room to run. Check out CNBCPro today.

The New York Stock Exchange welcomes Squarespace, Inc. , on May 19, 2021, in celebration of its Direct Listing.'s impressive start as a public company is not done yet, according to several major investment firms.in a direct listing last month, opening at $48 per share. The stock has since jumped nearly 25%.

Several major Wall Street firms initiated cover of the stock on Sunday and Monday, with some of the biggest names saying Squarespace has more room to run. One of the most bullish calls so far came from Goldman Sachs, which initiated with a buy rating and projected the company to grow its revenue by more than 20% next year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro

Pro For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him GeorgeLinf32 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

Pro Raoul Pal: 'We should be seeing higher prices for the rest of the year' bitcoin btc Cryptonews Crypto

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs: These renewable energy stocks are set for ‘unprecedented growth’Analysts at Goldman Sachs have named renewable energy companies that are set for 'unprecedented growth' and said now is the time to invest. Pro amc will earn you more money
Source: CNBC - 🏆 12. / 72 Read more »