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D.A. Davidson Sticks to Its Hold Rating for SPS Commerce (SPSC)

Tipranks - Tipranks - Wed Feb 18, 8:05AM CST

In a report released today, Gil Luria from D.A. Davidson maintained a Hold rating on SPS Commerce, with a price target of $65.00.

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Luria covers the Technology sector, focusing on stocks such as Oracle, Datadog, and Snowflake. According to TipRanks, Luria has an average return of 8.4% and a 48.44% success rate on recommended stocks.

In addition to D.A. Davidson, SPS Commerce also received a Hold from TipRanks – Anthropic’s Anthropic Software – Infrastructure in a report issued on February 14. However, yesterday, Citi maintained a Buy rating on SPS Commerce (NASDAQ: SPSC).

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Based on SPS Commerce’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $192.65 million and a net profit of $25.84 million. In comparison, last year the company earned a revenue of $170.91 million and had a net profit of $17.56 million

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