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Fly News Breaks for February 13, 2019
SPSC
Feb 13, 2019 | 08:57 EDT
Craig-Hallum analyst Jeff Van Rhee raised his price target for SPS Commerce to $110 from $100 as results for the quarter were "nicely ahead again." The analyst reiterates a Buy rating on the shares.
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.