Barclays analyst Raimo Lenschow lowered the firm’s price target on Lightspeed (LSPD) to $14 from $15 and keeps an Equal Weight rating on the shares. The firm adjusted ratings and price targets in the software group as part of its 2026 outlook. Barclays sees a favorable setup for software in 2026. Macro and IT spending are stable, while stock valuation levels are low and the sector is out of favor, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LSPD:
- Lightspeed Sets February 5 Date for Fiscal Q3 2026 Earnings Release and Conference Call
- Lightspeed Sets Date for Fiscal Q3 2026 Results and Investor Call
- Lightspeed ‘turning the corner’ under Dasilva, says National Bank
- Lightspeed POS Inc: Strategic Growth and Market Differentiation Drive Buy Rating
- Lightspeed Appoints New CRO to Propel Growth Strategy
