Craig-Hallum analyst Jeff Van Rhee raised the firm’s price target on SPS Commerce to $200 from $165 and keeps a Buy rating on the shares. SPS Commerce is one of the most consistent names in software, and appears to be pushing internationally, the analyst tells investors in a research note. The company has a long runway from here, Craig-Hallum says.
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Read More on SPSC:
- SPS Commerce sees FY23 adjusted EPS $2.69-$2.72, consensus $2.71
- SPS Commerce sees Q3 EPS 65c-67c, consensus 69c
- SPS Commerce reports Q2 adjusted EPS 69c, consensus 63c
- SPS Commerce Reports Second Quarter 2023 Financial Results
- SPS Commerce expects TIE Kinetix acquisition to have ‘nominal’ impact on Q3
