Cantor Fitzgerald lowered the firm’s price target on SPS Commerce (SPSC) to $60 from $70 and keeps a Neutral rating on the shares. SPS Commerce is showing gradual core recovery with fulfillment growth tracking mid-to-high single digits, but continued weakness in the Revenue Recovery business has weighed on overall performance and led to a modest downward revision to FY26 revenue guidance despite improving underlying trends, the analyst tells investors in a research note.
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Read More on SPSC:
- SPS Commerce price target lowered to $75 from $110 at Needham
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