Baird Maintains Neutral on SPS Commerce, Raises Price Target to $178
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Joe Vruwink maintains a Neutral rating on SPS Commerce (NASDAQ:SPSC) and raises the price target from $172 to $178.

April 26, 2024 | 12:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Baird analyst Joe Vruwink maintains a Neutral rating on SPS Commerce and raises the price target from $172 to $178.
The increase in price target by Baird suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism and a positive impact on the stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100