Oppenheimer Reiterates a Buy Rating on Freshworks Inc. (FRSH) With a $19 PT

Freshworks Inc. (NASDAQ:FRSH) is one of the best stocks under $20 to buy for the long term. In a report released on August 11, Brian Schwartz from Oppenheimer reiterated a Buy rating on Freshworks Inc. (NASDAQ:FRSH) with a price target of $19.00.

The rating update came after Oppenheimer hosted the CFO of Freshworks Inc. (NASDAQ:FRSH), Tyler Sloat, at its 28th Annual Technology, Internet, and Communications Conference the same day.

Similarly, in a report released on July 29, Matthew VanVliet from Cantor Fitzgerald also maintained a Buy rating on Freshworks Inc. (NASDAQ:FRSH) with a price target of $20.00.

Freshworks Inc.’s (NASDAQ:FRSH) median price target of $13.20 implies an upside of 47.73% from current levels.

Freshworks Inc. (NASDAQ:FRSH) is a software development company that provides software-as-a-service products. The company’s products include Freshservice, Freshdesk, Freshsales, Freshmarketer, and Freshteam.

While we acknowledge the potential of FRSH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.