Analyst Expectations for SPS Commerce's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, SPS Commerce (NASDAQ:SPSC) has received 6 bullish ratings and 1 indifferent rating from analysts. The average 12-month price target for the company has increased by 24.3% to $199.29, with a high of $205.00 and a low of $175.00.
September 19, 2023 | 12:00 pm
News sentiment analysis
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POSITIVE IMPACT
SPS Commerce has received positive analyst ratings, with an increased 12-month price target. This could potentially boost investor confidence and positively impact the stock price in the short term.
Analyst ratings often influence investor sentiment and can impact stock prices. In this case, SPS Commerce has received predominantly bullish ratings and an increased price target, which suggests a positive outlook for the company. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100