Morgan Stanley analyst Josh Baer lowered the firm’s price target on Lightspeed (LSPD) to $12 from $14 and keeps an Equal Weight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
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Read More on LSPD:
- Lightspeed downgraded to Underweight from Neutral at JPMorgan
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- Lightspeed price target lowered to $10 from $13 at JPMorgan
- Lightspeed price target lowered to $12 from $15 at Stifel