Navigating 6 Analyst Ratings For SPS Commerce
Portfolio Pulse from Benzinga Insights
Over the past three months, six analysts have provided ratings for SPS Commerce (NASDAQ:SPSC), with the majority being bullish. The average 12-month price target has increased to $217.17, reflecting a 5.83% rise from the previous target. Analysts have raised their price targets, indicating positive sentiment towards the company's future performance.
July 26, 2024 | 3:01 pm
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SPS Commerce has received predominantly bullish ratings from analysts over the past three months, with an average price target of $217.17, indicating a positive outlook. The company's strong financial performance and raised price targets suggest potential for stock price appreciation.
The majority of analysts have given bullish ratings, and the average price target has increased, reflecting positive sentiment. This, combined with the company's strong financial metrics, suggests a likely short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100