Similarweb: Rating Upgrade As Valuation Has Turned Cheaper

I downgrade d Similarweb (NYSE: SMWB ) to a hold rating in November last year, with my key thesis being that valuation has become too rich, such that despite my positive view on the fundamentals, I no longer thought it was Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking A ...