SPS Commerce (SPSC) Tops Q3 EPS by 6c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus, 4Q Revs. Outlook Above Consensus

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Go back to SPS Commerce (SPSC) Tops Q3 EPS by 6c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus, 4Q Revs. Outlook Above Consensus

SPS Commerce (SPSC) PT Raised to $95 at Needham & Company

October 29, 2020 6:40 AM EDT

Needham & Company analyst Scott Berg raised the price target on SPS Commerce (NASDAQ: SPSC) to $95.00 (from $80.00) while maintaining a Buy rating.

The analyst commented, "SPSC reported much better than expected 3Q results driven by suppliers and retailers seeking improved fulfillment automation technologies to meet... More