Truist Securities Maintains Buy on Lightspeed Commerce, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Andrew Jeffrey maintains a Buy rating on Lightspeed Commerce (NYSE:LSPD) but lowers the price target from $30 to $20.
May 19, 2023 | 12:01 pm
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Truist Securities maintains a Buy rating on Lightspeed Commerce (LSPD) but lowers the price target from $30 to $20.
The news directly mentions Lightspeed Commerce (LSPD) and the lowered price target by Truist Securities. While the Buy rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term as it indicates a lower expected return, but still suggests a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100