Lightspeed POS (NYSE:LSPD) Given New $140.00 Price Target at CIBC

Lightspeed POS (NYSE:LSPD) had its price objective boosted by CIBC from $135.00 to $140.00 in a report published on Tuesday morning, Stock Target Advisor reports. The firm currently has an outperform rating on the stock.

A number of other brokerages have also issued reports on LSPD. Cormark upgraded shares of Lightspeed POS from a market perform rating to a buy rating in a research report on Friday, March 12th. BTIG Research increased their target price 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. Morgan Stanley increased their target price 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. Royal Bank of Canada upgraded shares of Lightspeed POS from a sector perform rating to an outperform rating and increased their target price for the company from $90.00 to $120.00 in a research report on Monday, February 22nd. Finally, Raymond James reduced 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. One investment analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of Buy and an average price target of $95.18.

Lightspeed POS stock opened at $71.10 on Tuesday. The business’s 50-day moving average price is $67.60. The company has a market capitalization of $6.63 billion and a price-to-earnings ratio of -87.78. Lightspeed POS has a one year low of $18.00 and a one year high of $82.53.

Lightspeed POS Company Profile

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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Analyst Recommendations for Lightspeed POS (NYSE:LSPD)

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