Sprinklr price target raised to $18 from $16 at Barclays

Barclays raised the firm’s price target on Sprinklr to $18 from $16 and keeps an Overweight rating on the shares following the Q2 report. Sprinklr is continuing to string along solid “beat and raise” quarters and its focus on profitability is becoming more tangible, the analyst tells investors in a research note. The firm says this warrants a revisiting of the name.