Scott Berg, analyst at Needham, reiterates coverage on Sprout Social (SPT) in the Technology sector with a Buy rating. TipRanks.com has Berg rated as a 5 star analyst with a 32.00% return on investment and a 73.00% success rate. Berg has set a price target of $100.00.
TipRanks.com reports that SPT currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $89.56. The target pricing ranges from a high forecast of $110.00 down to a low forecast of $77.00.
SPT’s last closing price was $84.81 which would put the average price target at 5.60% upside.
In addition, TradingView issued a Strong Sell rating for SPT over the next month.
Remember, securities are volatile, so please do your own research on SPT.
Other analysts covering SPT include:
- Parker Lane of Stifel Nicolaus issued a buy rate with the price target of $95 on July 15th
- Matthew BanVliet of BTIG issued a buy rate with the price target of $110 in June
- Robert Oliver of Robert W Baird issued a buy rate with the price target of $93 in June
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