SEMrush (NYSE:SEMR) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded SEMrush's stock rating from a "strong sell" to a "hold" in a report released on Monday.
• Shares of SEMrush opened at $7.23 on Monday, showing a twelve-month trading range of $6.97 to $18.74.
• Other brokerages have mixed views on SEMrush, with one rating it a "hold" and another assigning a "sell" rating, leading to an average rating of "Reduce."

SEMrush (NYSE:SEMR - Get Free Report) was upgraded by investment analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a report released on Monday,Zacks.com reports.

A number of other brokerages also recently issued reports on SEMR. Weiss Ratings restated a "sell (d)" rating on shares of SEMrush in a research report on Saturday, September 27th. Wall Street Zen lowered shares of SEMrush from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, SEMrush has an average rating of "Reduce".

SEMrush Trading Down 2.7%

Shares of SEMrush stock opened at $7.23 on Monday. SEMrush has a twelve month low of $6.97 and a twelve month high of $18.74. The business has a fifty day simple moving average of $7.54.

About SEMrush

Semrush Holdings, Inc develops an online visibility management software-as-a-service platform worldwide. The company enables companies to identify and reach the right audience for their content through the right channels. Its platform enables the company's customers to understand trends and act upon insights to enhance the online visibility, and drive traffic to their websites and social media pages, as well as online listings, distribute targeted content to their customers, and measure the digital marketing campaigns.

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