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Fly News Breaks for February 8, 2017
SPSC
Feb 8, 2017 | 06:14 EDT
Pacific Crest analyst Monika Garg downgraded SPS Commerce to Sector Weight following the company's weaker than expected 2017 outlook. Canaccord Genuity and William Blair also downgraded the stock this morning post-earnings.
News For SPSC From the Last 2 Days
SPSC
Apr 24, 2024 | 08:24 EDT
DA Davidson elevated SPS Commerce to the firm's 'Best-of-Breed Bison' list while maintaining a Buy rating and $220 price target on the stock. The company offers the single most stable revenue growth profile in Vertical SaaS, compounding sales reliably at over 15%, the analyst tells investors in a research note. SPS Commerce's scale also offers a substantial moat in new customer acquisition costs, the firm added.
