Lightspeed Commerce Plans To Jump-Start Strong Revenue Growth, Says Bullish Analyst
Portfolio Pulse from Priya Nigam
Lightspeed Commerce Inc (NYSE:LSPD) is expected to see strong revenue growth, driven by transaction-based and subscription-based revenue. Analyst Mark Palmer initiated coverage with a Buy rating and a $20 price target, highlighting the company's focus on organic growth and profitability.
September 17, 2024 | 4:41 pm
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Lightspeed Commerce is expected to experience strong revenue growth, driven by transaction-based and subscription-based revenue. Analyst Mark Palmer has initiated coverage with a Buy rating and a $20 price target, emphasizing the company's focus on organic growth and profitability.
The analyst's Buy rating and $20 price target suggest a positive outlook for LSPD, driven by expected revenue growth and strategic focus on organic growth and profitability. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100