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 4.3 star analyst with a 45% return on investment and a 7.7% success rate. Berg has set a price target of $ 75.
TipRanks.com reports that Sprout Social currently has 7 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $90.67. The target pricing ranges from a high forecast of $110.00 down to a low forecast of $75.00. Sprout Social (SPT)’s last closing price was $$53.22 which would put the average price target at 70.37% upside.
In addition, TradingView issued a Neutral rating for SPT over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on SPT.
Other analysts covering SPT include:
- Raimo Lenschow of Barclays issued a Buy rating with the price target of $ 79 on 3 weeks ago
- Robert Oliver of Robert W. Baird issued a Buy rating with the price target of $ 110 on 3 weeks ago
- Brett Knoblauch of Cantor Fitzgerald issued a Buy rating with the price target of $ 80 on 3 weeks ago
- Arjun Bhatia of William Blair issued a Buy rating with the price target of n/a on 3 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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