- The shares of Sprinklr Inc (NYSE: CXM) have received a $15 price target from Barclays. These are the details.
The shares of Sprinklr Inc (NYSE: CXM) have received a $15 price target from Barclays. And Barclays analyst Raimo Lenschow increased the price target on Sprinklr while maintaining an “Overweight” rating on the shares.
Lenschow adjusted the rating after Sprinklr reported a beat-and-raise quarter, which could be grounds for investors to revisit the company’s story. And Lenschow noted that the subscription revenue accelerated for the sixth consecutive quarter to 32% growth year-over-year despite tougher comps.
Going forward, Lenschow pointed out that Sprinklr is moving well along the process of becoming a more attractive company from a financial perspective.
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