8 Analysts Have This to Say About Sprout Social
Portfolio Pulse from Benzinga Insights
In the last quarter, Sprout Social (NASDAQ:SPT) received 8 analyst ratings, with 4 being bullish, 2 somewhat bullish, and 2 indifferent. The company's average 12-month price target is $61.0, a 16.81% decrease from the previous average of $73.33.
July 06, 2023 | 9:00 pm
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NEUTRAL IMPACT
Sprout Social received mostly bullish ratings from analysts, but the average 12-month price target has decreased by 16.81% to $61.0.
While the majority of the analyst ratings for Sprout Social are bullish, the decrease in the average 12-month price target could indicate a potential decrease in the stock's value. However, the impact on the stock's short-term price is uncertain due to the mixed signals from the bullish ratings and the decreased price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100