SEMrush (NYSE:SEMR) Stock Rating Lowered by Wall Street Zen

SEMrush (NYSE:SEMR) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

SEMrush Stock Down 4.8%

Shares of NYSE:SEMR opened at $7.12 on Friday.

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.