In a report released today, Brian Fitzgerald from Wells Fargo maintained a Buy rating on Vimeo (VMEO – Research Report), with a price target of $12.00. The company’s shares closed last Friday at $6.73.
Fitzgerald covers the Technology sector, focusing on stocks such as LiveRamp Holdings, Angi, and Twitter. According to TipRanks, Fitzgerald has an average return of 18.5% and a 57.74% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vimeo with a $9.50 average price target, which is a 41.16% upside from current levels. In a report released on August 5, Truist Financial also maintained a Buy rating on the stock with a $12.00 price target.
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The company has a one-year high of $41.27 and a one-year low of $5.33. Currently, Vimeo has an average volume of 2.25M.
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Vimeo Holdings Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company’s comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform.
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