Information Provided By: 
Fly News Breaks for April 22, 2016
SPSC
Apr 22, 2016 | 07:51 EDT
Canaccord analyst David Hynes lowered his price target on SPS Commerce to $65 from $75 following Q1 results. Hynes expects organic growth to slow and believes investors will change their sentiment on the stock in the next one to two quarters. Despite that, he believes the valuation disconnect in terms of valuation relative to a change in fundamentals seems a bit extreme and thus would be a buyer of the shares. Hynes reiterated his Buy rating on SPS Commerce shares.
News For SPSC From the Last 2 Days
There are no results for your query SPSC
