On Jan 04, major Wall Street analysts update their ratings for $SPS Commerce (SPSC.US)$, with price targets ranging from $225 to $230.
Loop Capital analyst Mark Schappel maintains with a buy rating, and maintains the target price at $230.
Needham analyst Scott Berg maintains with a buy rating, and maintains the target price at $230.
Stifel analyst J. Parker Lane maintains with a buy rating, and adjusts the target price from $250 to $225.
William Blair analyst Dylan Becker maintains with a hold rating.
D.A. Davidson analyst Will Jellison maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $SPS Commerce (SPSC.US)$'s main analysts recently are as follows:
Following the announcement of SPS Commerce's acquisition of Carbon6 Technologies, which involved approximately $126M in cash and $84M in stock, the analyst expresses a continued belief that SPS will disclose an expanded total addressable market by 2025. Additionally, the analyst anticipates greater clarification on the company's organic growth outlook with the upcoming Q4 earnings report.
Here are the latest investment ratings and price targets for $SPS Commerce (SPSC.US)$ from 5 analysts:
Note:
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