Piper Sandler Maintains Overweight on Sprout Social, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Clarke Jeffries has maintained an Overweight rating on Sprout Social (NASDAQ:SPT) and increased the price target from $62 to $66.
February 21, 2024 | 10:27 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Piper Sandler has maintained an Overweight rating on Sprout Social and raised the price target from $62 to $66.
The increase in price target by a reputable analyst like Clarke Jeffries from Piper Sandler is a strong positive signal for Sprout Social. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100