TD Securities lowered the firm’s price target on Lightspeed (LSPD) to $11 from $15 and keeps a Hold rating on the shares pot the fiscal Q3 report. The company’s sales momentum reduces execution risk on its mid-term targets, but the post-earnings selloff shows investors are still concerned over the soft near-term outlook, the analyst tells investors in a research note.
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Read More on LSPD:
- Lightspeed price target lowered to $11 from $14.50 at UBS
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