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 Morgan Stanley. These are the details.

The shares of Sprinklr Inc (NYSE: CXM) have received a $12 price target from Morgan Stanley. And Morgan Stanley analyst Elizabeth Porter is maintaining an “Equal-Weight” rating on the shares.

Porter adjusted the rating while noting that the company delivered a beat in the first quarter. And Porter provided investors with signs that management is taking a more disciplined approach to profitability while making a move to de-risk the 2023 forecasts, both of which she views constructively in the current environment.

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