SPS Commerce Reports Second Quarter 2024 Financial Results
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SPS Commerce (SPSC) PT Raised to $186 at Baird
July 26, 2024 6:27 AM EDTBaird analyst Joe Vruwink raised the price target on SPS Commerce (NASDAQ: SPSC) to $186.00 (from $178.00) while maintaining a Neutral rating.
The analyst comments "Maintain Neutral rating. Revenue +18% YoY (1% upside; organic estimated +14% YoY), adjusted EBITDA margin 29% vs. 29% YoY (in-line), EPS +16% YoY (4% upside). Organic growth... More
SPS Commerce (SPSC) PT Raised to $230 at Needham
July 26, 2024 5:30 AM EDTNeedham analyst Scott Berg raised the price target on SPS Commerce (NASDAQ: SPSC) to $230.00 (from $205.00) while maintaining a Buy rating.
The analyst comments "SPS Commerce reported strong 2Q24 financial results driven by an acceleration in ARPU growth as it continues to focus... More
SPS Commerce (SPSC) PT Raised to $225 at Stifel
July 26, 2024 4:56 AM EDTStifel analyst Parker Lane raised the price target on SPS Commerce (NASDAQ: SPSC) to $225.00 (from $200.00) while maintaining a Buy rating.
The analyst comments "SPS delivered another clean quarter, beating on both the top and bottom lines. With a largescale enablement campaign... More
