Baird lowered the firm’s price target on SPS Commerce (SPSC) to $86 from $104 and keeps a Neutral rating on the shares. The firm updated its model following its results and lower outlook.
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Read More on SPSC:
- Craig-Hallum downgrades SPS Commerce to Hold as unclear headwinds continue
- SPS Commerce price target lowered to $70 from $100 at Cantor Fitzgerald
- SPS Commerce downgraded to Hold from Buy at Craig-Hallum
- SPS Commerce price target lowered to $65 from $80 at Stifel
- SPS Commerce price target lowered to $84 from $110 at Citi