Weiss Ratings Reaffirms "Sell (D)" Rating for SEMrush (NYSE:SEMR)

Key Points

• Weiss Ratings has reaffirmed a "Sell (D)" rating for SEMrush (NYSE: SEMR), indicating ongoing concerns about the company's stock performance.
• Other brokerages have varied their ratings, with Zacks Research upgrading SEMrush from "strong sell" to "hold," while Wall Street Zen downgraded it from "buy" to "hold."
• SEMrush shares opened at $7.68, with a 52-week range between a low of $6.91 and a high of $18.74, reflecting overall market volatility.

SEMrush (NYSE:SEMR - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by investment analysts at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

Several other brokerages have also issued reports on SEMR. Zacks Research raised SEMrush from a "strong sell" rating to a "hold" rating in a research note on Monday, October 6th. Wall Street Zen lowered SEMrush from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce".

SEMrush Trading Up 0.4%

Shares of SEMR stock opened at $7.68 on Friday. The business's fifty day simple moving average is $7.51. SEMrush has a 52 week low of $6.91 and a 52 week high of $18.74.

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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