Wells Fargo Maintains Equal-Weight on Sprinklr, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Berg has maintained an Equal-Weight rating on Sprinklr (NYSE:CXM) but has lowered the price target from $9 to $8.

September 05, 2024 | 3:33 pm
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Wells Fargo has maintained its Equal-Weight rating on Sprinklr but reduced the price target from $9 to $8, indicating a more cautious outlook.
The reduction in the price target from $9 to $8 by Wells Fargo suggests a less optimistic view on Sprinklr's short-term performance, which could lead to a negative impact on its stock price. The maintained Equal-Weight rating indicates a neutral stance, but the lowered target reflects potential concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100