DA Davidson Downgrades Sprinklr to Neutral, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has downgraded Sprinklr (NYSE:CXM) from Buy to Neutral and lowered the price target from $16 to $9.

June 06, 2024 | 12:14 pm
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DA Davidson downgraded Sprinklr from Buy to Neutral and reduced the price target from $16 to $9, indicating a less optimistic outlook.
The downgrade from Buy to Neutral and the significant reduction in the price target from $16 to $9 by DA Davidson suggests a less favorable view of Sprinklr's future performance. This is likely to negatively impact the stock price in the short term as investors react to the revised outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100