Morgan Stanley lowered the firm’s price target on Sprinklr (CXM) to $8 from $11 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 CXM:
- Sprinklr price target lowered to $8 from $11 at DA Davidson
- Sprinklr appoints Sanjay Macwan as chief information officer
- Sprinklr management to meet with Citizens JMP
- Sprinklr launches local data hosting solution in Germany via Google Cloud pact
- Sprinklr price target raised to $9 from $8.50 at Scotiabank
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