Rosenblatt Initiates Coverage On Sprinklr with Buy Rating, Announces Price Target of $16
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick initiates coverage on Sprinklr (NYSE:CXM) with a Buy rating and a price target of $16.
February 06, 2024 | 5:56 pm
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POSITIVE IMPACT
Rosenblatt has initiated coverage on Sprinklr with a Buy rating and a price target of $16.
Analyst ratings, especially from reputable firms like Rosenblatt, can significantly influence investor sentiment and stock prices. A Buy rating combined with a price target that suggests upside potential is likely to have a positive short-term impact on Sprinklr's stock price. The confidence in this analysis is high due to the direct nature of the impact analyst ratings have on stock performance, especially when initiating coverage.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100