Wells Fargo Maintains Equal-Weight on Lightspeed Commerce, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Bauch has maintained an Equal-Weight rating on Lightspeed Commerce (NYSE:LSPD) and increased the price target from $14 to $20.

February 02, 2024 | 2:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Lightspeed Commerce and raised the price target from $14 to $20.
The increase in price target by a reputable analyst like Andrew Bauch from Wells Fargo suggests a positive outlook on Lightspeed Commerce's future performance. This adjustment reflects an expectation of stronger financial health or growth prospects for the company, which could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100