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

Rosenblatt raised the firm’s price target on Sprinklr to $18 from $16 and keeps a Buy rating on the shares following “solid results,” issuance of an in-line outlook for FY25 and management reiterating its long-term financial targets for FY27. Based on guidance, the firm adjusted estimates for FY25 and FY26 and says it has increased confidence in execution despite renewal pressures.