DA Davidson raised the firm’s price target on Sprinklr (CXM) to $9 from $8 and keeps a Neutral rating on the shares. The company reported “strong” Q1 results that were headlined by beats on both the top and bottom line, while its cRPO, or current RPO, trends appear to be stabilizing as resource reallocation efforts take effect, the analyst tells investors in a research note.
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Read More on CXM:
- Sprinklr price target raised to $10 from $8 at Morgan Stanley
- Sprinklr’s Q1 Performance: Neutral/High-Risk Rating Amid Growth Challenges and Future Outlook
- Sprinklr’s Balanced Growth Amidst Challenges: A Hold Rating Amid Operational Improvements and Strategic Caution
- Sprinklr price target raised to $7 from $6 at Wells Fargo
- Sprinklr Faces Challenges Amid Transition: Sell Rating Due to Declining Growth and High Valuation