Needham Reiterates Buy on SPS Commerce, Maintains $205 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg reiterates a Buy rating on SPS Commerce (NASDAQ:SPSC) and maintains a $205 price target.
February 09, 2024 | 12:31 pm
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Needham analyst Scott Berg reaffirmed a Buy rating on SPS Commerce, with a price target of $205.
The reaffirmation of a Buy rating and maintenance of a $205 price target by a reputable analyst suggests a positive outlook for SPS Commerce's stock. This endorsement could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100