Sprinklr (CXM) Stock: $12 Target And Equal-Weight Rating

By Amit Chowdhry ● Jun 28, 2022
  • The shares of Sprinklr Inc (NYSE: CXM) have received a $12 price target from Citi. These are the details.

The shares of Sprinklr Inc (NYSE: CXM) have received a $12 price target from Citi. And Citi analyst Tyler Radke is maintaining a “Neutral” rating on the company’s shares.

Radke adjusted the rating while noting that the company’s first-quarter results were modestly ahead of estimates with continued acceleration in subscription revenue. And Radke believes that the results demonstrate more signs of consistent execution with disciplined spending. 

But the updated guidance for the second-quarter and the full year embedded some incremental macro caution.

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