SPS Commerce (SPSC) PT Raised to $82 at Needham & Company
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Go back to SPS Commerce (SPSC) PT Raised to $82 at Needham & Company
July 27, 2018 6:24 AM EDT
Benchmark upgraded SPS Commerce (NASDAQ: SPSC) from Hold to Buy with a price target of $90.00.
For an analyst ratings summary and ratings history on SPS Commerce click here. For more ratings news on SPS Commerce click here.
Shares of SPS Commerce closed at $76.95 yesterday.
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July 26, 2018 4:24 PM EDT
SPS Commerce (NASDAQ: SPSC) reported Q2 EPS of $0.49, $0.16 better than the analyst estimate of $0.33. Revenue for the quarter came in at $61.1 million versus the consensus estimate of $59.78 million.
SPS Commerce has grown to be a leader in cloud-based supply chain management solutions by establishing and growing its network of strategic and consultative relationships with retailers and suppliers, said Archie Black, President and CEO of SPS Commerce. As consumer shopping habits and expectations continue to drive the need for retailers to evolve their... More
