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.
April 26, 2024 | 11:11 am
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Needham analyst Scott Berg reaffirmed a Buy rating on SPS Commerce, with a price target of $205.
The reiteration of a Buy rating and maintenance of a $205 price target by a reputable analyst suggests a strong confidence in SPS Commerce's future performance. This endorsement is likely to instill positive sentiment among investors, potentially driving the stock price up in the short term.
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