Craig-Hallum raised the firm’s price target on SPS Commerce to $210 from $200 and keeps a Buy rating on the shares. SPS Commerce’s results were ahead on the top- and bottom-line and FY24 guidance was tweaked higher, with new CEO Chad Collins looking to run the company on much the same path as before, the analyst tells investors in a research note.
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Read More on SPSC:
- SPS Commerce Reports Fourth Quarter and Fiscal Year 2023 Financial Results
- SPS Commerce (SPSC) Q4 Earnings Cheat Sheet
- SPS Commerce Announces Date of Fourth Quarter and Fiscal Year 2023 Financial Results
- SPS Commerce to Present at the 26th Annual Needham Growth Conference
- SPS Commerce participates in a conference call with Craig-Hallum
