Barclays analyst Raimo Lenschow raised the firm’s price target on Lightspeed to $19 from $17 and keeps an Overweight rating on the shares. The company’s fisca Q2 results showed that the mandatory payments strategy is making strides, the analyst tells investors in a research note. The firm says that with only 25% penetration, it sees a lot of room for upside potential going forward. As such, it likes the stock’s risk/reward.
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