Why Freshworks Stock Is Sinking Today

Another day, another price target reduction.Continuing a decline that saw shares end Friday's session lower than the day before, Freshworks (FRSH 7.84%) stock is off to a bearish start this week. An analyst has taken a more pessimistic stance on the software stock, and investors have taken note.As of 1:51 p.m. ET, shares of Freshworks are down 7.3%. Add this firm's position to the list of others souring on Freshworks stock Downgrading Freshworks stock to hold from buy this morning, Jefferies slashed its pri ...