Cantor Fitzgerald initiated coverage of SPS Commerce (SPSC) with an Overweight rating and $170 price target The “pioneer of cloud-based EDI services” offers a comprehensive suite of cloud-based tools for automated order fulfillment, invoicing, revenue recovery, and detailed analytics, says the analyst, who likes the company’s consistent growth model, strong competitive positioning and product portfolio expansion.
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- SPS Commerce price target lowered to $163 from $181 at Northland
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