Goldman Sachs Initiates Coverage On Sprout Social with Buy Rating, Announces Price Target of $61
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Chris Merwin has initiated coverage on Sprout Social (NASDAQ:SPT) with a Buy rating and a price target of $61.
July 06, 2023 | 9:02 am
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Goldman Sachs has initiated coverage on Sprout Social with a Buy rating and a price target of $61.
The initiation of coverage by Goldman Sachs, a major investment bank, with a Buy rating indicates a positive outlook for Sprout Social. The price target of $61 suggests a potential upside, which could lead to an increase in the stock price in the short term.
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