Baird says issues raised in PowerSchool short report largely known risks

After Spruce Point issued a short report this morning on PowerSchool, Baird noted that the majority of report pertains to EdTech fundamentals and characteristics of PowerSchool’s business. The firm, which contends that many details are either known, already considered risks or simply presented negatively, has an Outperform rating and $26 price target on PowerSchool shares.