Barclays Maintains Overweight on Sprout Social, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Sprout Social (NASDAQ:SPT) but lowers the price target from $50 to $48.

July 16, 2024 | 4:01 pm
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Barclays analyst Raimo Lenschow maintains an Overweight rating on Sprout Social but lowers the price target from $50 to $48.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100