Needham Reiterates Buy on Sprout Social, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg has reiterated a Buy rating on Sprout Social (NASDAQ:SPT) and maintained a $55 price target.
August 02, 2024 | 9:40 am
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Needham analyst Scott Berg has reiterated a Buy rating on Sprout Social and maintained a $55 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the maintenance of a $55 price target by a reputable analyst suggests a positive outlook for Sprout Social. This could lead to increased investor confidence and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100