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Sprinklr price target lowered to $11 from $17 at Citizens

Citizens analyst Patrick Walravens lowered the firm’s price target on Sprinklr (CXM) to $11 from $17 and keeps an Outperform rating on the shares. While Sprinklr’s three-phase transformation is taking a bit longer growth reacceleration is unlikely before FY28, the company is viewed as an attractive opportunity for capital appreciation for several reasons, the analyst tells investors in a research note.

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