Truist Financial Sticks to Its Hold Rating for Lightspeed POS Inc (LSPD)
Truist Financial analyst Matthew Coad maintained a Hold rating on Lightspeed POS Inc today and set a price target of $13.00.
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Coad covers the Technology sector, focusing on stocks such as Bill.com Holdings, Block, and Affirm Holdings. According to TipRanks, Coad has an average return of -4.7% and a 34.09% success rate on recommended stocks.
In addition to Truist Financial, Lightspeed POS Inc also received a Hold from TR | OpenAI – 4o’s Ivy Interfayce in a report issued yesterday. However, on November 10, BTIG maintained a Buy rating on Lightspeed POS Inc (TSX: LSPD).
Based on Lightspeed POS Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$304.94 million and a GAAP net loss of C$49.57 million. In comparison, last year the company earned a revenue of C$266.09 million and had a GAAP net loss of C$35.01 million
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LSPD in relation to earlier this year.
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