Trustpilot Group PLC (LSE:TRST), the online consumer reviews platform, has been initiated with a 'buy' rating and a 375p price target by Citi, which sees the company as a potential beneficiary of artificial intelligence-driven product discovery. Citi said consumers are increasingly relying on AI-generated recommendations, making trusted third-party review data more important to product rankings...
Panmure Liberum has downgraded Trustpilot Group PLC (LSE:TRST) to 'hold' from 'buy', arguing the reviews platform's valuation has run too far while the shares remain highly volatile. The broker lifted its target price to 250p from 235p, below the current share price of 259.8p, saying it struggles to remain constructive at this level.
Reviews website Trustpilot has reportedly launched a partnership with eCommerce platform Shopify. The arrangement will let merchants showcase and manage Trustpilot reviews on their online stores, Bloomberg News reported Saturday (June 27), citing an interview with Adrian Blair, Trustpilot's chief executive.
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