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Stock impact report

SPS Commerce price target lowered to $210 from $230 at Needham [Yahoo! Finance]

SPS Commerce, Inc. (SPSC) 
Last sps commerce, inc. earnings: 4/30 04:07 pm Check Earnings Report
Company Research Source: Yahoo! Finance
In This Article SPSC https://www.tipranks.com/news/the-fly/sps-commerce-price-target-lowered-to-210-from-230-at-needham Needham analyst Scott Berg lowered the firm's price target on SPS Commerce ( SPSC ) to $210 from $230 and keeps a Buy rating on the shares. The company reported good as expected Q4 revenue and EPS, but its revenue outperformance was “on the skinnier side” relative to recent results, the analyst tells investors in a research note. The revenue delta has several moving parts, including FX and a varying view on the macro, but customer growth remains muted, with management expecting more limited organic additions in the first half of FY25, Needham adds. Maximize Your Portfolio with Data Driven Insights: Leverage the power of TipRanks' Smart Score , a data-driven tool to help you uncover top performing stocks and make informed investment decisions. Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio Show less Read more
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