UBS analyst Eric Sheridan upgraded SurveyMonkey to Buy from Neutral and raised his price target for the shares to $24 from $18. The company's execution points towards "strong" compounding growth, Sheridan tells investors in a research note. SurveyMonkey's business model continues to demonstrate pricing power, increased customer spend and higher customer retention, adds the analyst. He believes investors should find this dynamic "very compelling." Following "another positive" earnings report and "robust" management commentary, Sheridan has confidence that the company will maintain 20%-plus revenue growth over the next five years.