Evaluating Sprout Social: Insights From 7 Financial Analysts
Portfolio Pulse from Benzinga Insights
Sprout Social (NASDAQ:SPT) has been evaluated by 7 analysts over the past three months, with opinions ranging from bullish to bearish. The average 12-month price target is $44.29, a decrease from the previous $48.67. Analysts have adjusted their ratings and price targets, reflecting their response to recent developments. Sprout Social has shown strong revenue growth but faces challenges with its net margin, ROE, and ROA.
October 11, 2024 | 7:01 pm
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Sprout Social has received mixed analyst ratings with a new average price target of $44.29, down from $48.67. Analysts have adjusted their ratings and price targets, reflecting their response to recent developments. The company has shown strong revenue growth but faces challenges with its net margin, ROE, and ROA.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on Sprout Social's stock price. While the company has shown strong revenue growth, challenges in net margin, ROE, and ROA may offset positive sentiment. The adjustments in ratings and price targets by analysts indicate a cautious outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100