Needham Reiterates Buy on Sprout Social, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg has reiterated a 'Buy' rating on Sprout Social (NASDAQ:SPT) and maintained a price target of $75.
September 15, 2023 | 10:09 am
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POSITIVE IMPACT
Sprout Social's stock rating has been reiterated as 'Buy' by Needham analyst Scott Berg, with a maintained price target of $75.
The reiteration of a 'Buy' rating by a reputable analyst like Scott Berg from Needham is a positive signal for investors. The maintained price target of $75 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100