Freshworks (NASDAQ:FRSH) was initiated with an Equal Weight rating by Wells Fargo as the firm transitions from a small and medium-sized business customer service and management software provider to an IT service management system as well.

Fintel reports that on October 16, 2024, Wells Fargo initiated coverage of Freshworks (NasdaqGS:FRSH) with a Equal-Weight recommendation. Analyst Price Forecast Suggests 55.08% Upside As of September 25,

Wells Fargo initiated coverage of Freshworks and Klaviyo (NYSE:KVYO) in a note Wednesday, assigning both companies an Equal Weight rating, reflecting a cautious stance amid competitive landscapes and macroeconomic headwinds.