Lightspeed POS (NYSE:LSPD) had its price target lifted by CIBC from $135.00 to $140.00 in a research report sent to investors on Tuesday, Stock Target Advisor reports. They currently have an outperform rating on the stock.
A number of other equities analysts have also weighed in on the stock. Cormark raised shares of Lightspeed POS from a market perform rating to a buy rating in a research report on Friday, March 12th. BTIG Research boosted their price objective on shares of Lightspeed POS from $104.00 to $115.00 and gave the company a buy rating in a research report on Friday, May 21st. Royal Bank of Canada raised shares of Lightspeed POS from a sector perform rating to an outperform rating and boosted their price objective for the company from $90.00 to $120.00 in a research report on Monday, February 22nd. Raymond James cut their price objective on shares of Lightspeed POS from $114.00 to $105.00 and set an outperform rating for the company in a research report on Friday, May 21st. Finally, Morgan Stanley boosted their price objective on shares of Lightspeed POS from $79.00 to $80.00 and gave the company an equal weight rating in a research report on Friday, May 21st. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Lightspeed POS has a consensus rating of Buy and a consensus price target of $95.18.
NYSE:LSPD opened at $71.10 on Tuesday. The firm has a 50 day moving average price of $67.60. The firm has a market capitalization of $6.63 billion and a price-to-earnings ratio of -87.78. Lightspeed POS has a 1-year low of $18.00 and a 1-year high of $82.53.
Lightspeed POS Inc provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc.
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