Needham Reiterates Buy on Sprout Social, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg reiterates a Buy rating on Sprout Social (NASDAQ:SPT) and maintains a $75 price target.
April 16, 2024 | 10:39 am
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Needham analyst Scott Berg reiterates a Buy rating on Sprout Social with a $75 price target.
The reiteration of a Buy rating and maintenance of a $75 price target by a reputable analyst like Scott Berg from Needham could instill confidence among investors and potentially drive up the stock price of Sprout Social in the short term. Analyst ratings, especially with a positive outlook, often influence investor sentiment and can lead to price movements.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100