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Lightspeed price target raised to $16 from $14 at BTIG

BTIG raised the firm’s price target on Lightspeed (LSPD) to $16 from $14 and keeps a Buy rating on the shares. The company’s Q1 results were well ahead of estimates, and Q2 GP growth was guided to 14%, though FY26 guidance was maintained, the analyst tells investors in a research note. The firm added that it believes Lightspeed’s stock should trade higher, though a lack of guidance raise is a bit disappointing as the company’s growth initiatives are coming together.

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