Raimo Lenschow of Barclays has reaffirmed a Buy rating for Sprout Social, setting a price target of $26.00. This aligns with a Moderate Buy consensus among analysts, who have an average price target of $30.08. The company's recent earnings reveal quarterly revenue of $107.09 million, improving from $93.58 million year-over-year, despite a GAAP net loss which decreased from $20.08 million to $14.42 million. Lenschow's analytical performance includes a 45.23% success rate within the Technology sector, emphasizing his expertise in this area.
Raimo Lenschow from Barclays has a Buy rating on Sprout Social with a target price of $26.00, suggesting growth potential from its current share price.
Sprout Social posted a revenue of $107.09 million for the quarter ending December 31, showing growth from $93.58 million in the previous year.
The overall analyst consensus for Sprout Social indicates a Moderate Buy stance with an average price target of $30.08, reflecting confidence in the company's future.
Lenschow is a 3-star analyst covering the Technology sector, with experience tracking stocks like Microsoft, demonstrating his strong industry knowledge.
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