Investing.com -- Oppenheimer upgraded Freshworks Inc to "Outperform" from "Perform," given its potential turnaround and attractive valuation. The brokerage sees Freshworks as a strong thematic play on an improving small and medium business market in 2025.
Whereas PROS Holdings Inc (NYSE:PRO) was downgraded to "Perform" from "Outperform." Oppenheimer flagged uncertainties around its leadership transition in 2025 and a lack of clarity on achieving a more efficient growth and profitability model.
The rating change comes with a constructive 2025 software outlook, as the sector stabilizes after years of underperformance. Oppenheimer emphasized selectivity, favoring companies with durable growth, deep moats, and specific catalysts.
“We are more optimistic for the software group this year after three years of investors underweighting the space. The sentiment improvers will be more clarity about the macro with a potential cyclical pickup that tends to be good for small-cap growth, stimulus via a rollback on the regulatory burden,” analyst wrote.
Related Articles
Oppenheimer 2025 software outlook, Freshworks upgraded, cut rating on PROS Holding
Trump will keep TikTok from 'going dark' if deal is on table, adviser says
Trump to announce Sean Curran as Secret Service director, CNN reports
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。