Stifel Maintains Buy on Sprout Social, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane has maintained a Buy rating on Sprout Social (NASDAQ:SPT) and increased the price target from $60 to $70.
January 19, 2024 | 5:14 pm
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POSITIVE IMPACT
Stifel analyst Parker Lane maintains a Buy rating on Sprout Social and raises the price target from $60 to $70, indicating a positive outlook on the stock.
The increase in price target by Stifel suggests a bullish outlook on Sprout Social, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100