Stifel Maintains Buy on SPS Commerce, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Buy rating on SPS Commerce (NASDAQ:SPSC) and raises the price target from $240 to $250.
October 25, 2024 | 3:33 pm
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Stifel analyst Parker Lane has reiterated a Buy rating for SPS Commerce and increased the price target from $240 to $250, indicating confidence in the company's future performance.
The increase in price target from $240 to $250 by Stifel suggests a positive outlook for SPS Commerce, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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IMPORTANCE 80
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