Wells Fargo analyst Michael Turrin raised the firm’s price target on Sprinklr (CXM) to $7 from $6 and keeps an Underweight rating on the shares. The firm says growth stabilized as subs revenues accelerated 1 ppt to 4%, indicative that the bus may be stabilizing and GTM execution is improving. However, with NDE and large customers declining quarter-over-quarter, significant questions remain as the company works through a transition year.
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