Sprinklr initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald analyst Brett Knoblauch initiated coverage of Sprinklr with an Overweight rating and $12 price target. While not immune to the uncertain macro environment, the firm believes Sprinklr is attractively valued at current levels, the analyst tells investors in a research note. Cantor Fitzgerald expects Sprinklr to deliver a mid-teen revenue CAGR over the mid-term, with revenue reaching $827M by the end of FY25.