Scotiabank Maintains Sector Outperform on Lightspeed Commerce, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst David Weiss has maintained a Sector Outperform rating on Lightspeed Commerce (NYSE:LSPD) but has lowered the price target from $22 to $20.

February 09, 2024 | 6:58 pm
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NEUTRAL IMPACT
Scotiabank maintains a Sector Outperform rating on Lightspeed Commerce but lowers the price target from $22 to $20.
While the reduction in price target from $22 to $20 by Scotiabank could suggest a slightly less optimistic view on Lightspeed Commerce's short-term price potential, the maintenance of a Sector Outperform rating indicates a continued positive outlook on the company's performance. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100