Needham Reiterates Buy on SPS Commerce, Maintains $205 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg has reiterated a 'Buy' rating on SPS Commerce (NASDAQ:SPSC) and maintained a price target of $205.
September 19, 2023 | 10:56 am
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Needham analyst Scott Berg has reiterated a 'Buy' rating on SPS Commerce and maintained a price target of $205.
The reiteration of a 'Buy' rating by a reputable analyst like Scott Berg from Needham is a positive signal for the stock. The maintained price target of $205 also indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100