Vimeo (VMEO) Receives a Buy from Jefferies

In a report released today, Brent Thill from Jefferies reiterated a Buy rating on Vimeo (VMEOResearch Report), with a price target of $60.00. The company’s shares closed last Friday at $44.80.

According to TipRanks.com, Thill is a top 25 analyst with an average return of 28.8% and a 77.0% success rate. Thill covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and CrowdStrike Holdings.

Vimeo has an analyst consensus of Moderate Buy, with a price target consensus of $53.67.

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Vimeo Holdings Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company’s comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform.