Deep Dive Into Sprout Social Stock: Analyst Perspectives (8 Ratings)
Portfolio Pulse from Benzinga Insights
Sprout Social (NASDAQ:SPT) has received mixed analyst ratings over the past three months, with a decline in the average 12-month price target. Analysts have varied in their outlooks, with some maintaining or lowering their ratings. The company has shown positive revenue growth but faces challenges with profitability and returns on equity and assets.
August 22, 2024 | 1:00 pm
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Sprout Social has received mixed analyst ratings, with a decline in the average price target. The company shows positive revenue growth but faces challenges in profitability and returns.
The mixed analyst ratings and decline in the average price target suggest uncertainty in the short-term outlook for Sprout Social. While the company has shown positive revenue growth, its profitability and returns on equity and assets are below industry benchmarks, which may concern investors. The stock's short-term price movement is likely to be neutral as the market digests these mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100