Morgan Stanley Reaffirms Their Hold Rating on SPS Commerce (SPSC)
Morgan Stanley analyst Chris Quintero maintained a Hold rating on SPS Commerce today and set a price target of $95.00.
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Quintero covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Manhattan Associates, and Navan, Inc. Class A. According to TipRanks, Quintero has an average return of -7.8% and a 25.58% success rate on recommended stocks.
In addition to Morgan Stanley, SPS Commerce also received a Hold from Cantor Fitzgerald’s Matthew VanVliet in a report issued today. However, on the same day, Citi maintained a Buy rating on SPS Commerce (NASDAQ: SPSC).
Based on SPS Commerce’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $189.9 million and a net profit of $25.57 million. In comparison, last year the company earned a revenue of $163.69 million and had a net profit of $23.46 million
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- 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
- SPS Commerce Reports Strong 2025 Results, Updates Leadership
