Sprinklr assumed with a Neutral at Cantor Fitzgerald

Cantor Fitzgerald assumed coverage of Sprinklr (CXM) with a Neutral rating with a price target of $8, down from $9. Sprinklr has carved out a niche within the broader customer experience market, but is surrounded by larger, better-capitalized competitors, and this increasing competition is likely to keep growth subdued in the low single digit range through at least calendar year 2027, the analyst tells investors in a research note. The firm remains on the sidelines amid uncertainty and the changing environment.