Craig-Hallum Maintains Buy on SPS Commerce, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeff Van Sinderen maintains a 'Buy' rating on SPS Commerce (NASDAQ:SPSC) and raises the price target from $165 to $200.
July 28, 2023 | 5:25 pm
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POSITIVE IMPACT
The 'Buy' rating maintained by Craig-Hallum and the raised price target could potentially lead to a positive impact on SPS Commerce's stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, the maintained 'Buy' rating and increased price target from $165 to $200 by Craig-Hallum indicates a positive outlook for SPS Commerce, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100