Jefferies Initiates Coverage On Sprout Social with Buy Rating, Announces Price Target of $76
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Surinder Thind initiates coverage on Sprout Social (NASDAQ:SPT) with a Buy rating and a price target of $76.

February 07, 2024 | 12:18 pm
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Jefferies has initiated coverage on Sprout Social with a Buy rating and set a price target of $76.
Analyst ratings, especially from reputable firms like Jefferies, can significantly influence investor sentiment and stock prices. A Buy rating combined with a high price target suggests a positive outlook for Sprout Social's stock, potentially leading to short-term price increases as investors react to the news.
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