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Vimeo Inc (VMEO) shares have surged to $7.74, surpassing the average analyst 12-month target price of $6.60. This notable increase prompts a reevaluation among analysts, who may either downgrade their targets or adjust them higher based on the company’s performance and market conditions.
Among the 4 analysts covering Vimeo, target prices range from $5.40 to $8.00, with a standard deviation of $1.143. Currently, 3 analysts rate the stock as a “Strong Buy,” while 2 hold it, and none recommend selling. The average rating stands at 1.8 on a scale where 1 indicates “Strong Buy” and 5 indicates “Strong Sell.”
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