Barclays analyst Raimo Lenschow lowered the firm’s price target on Lightspeed (LSPD) to $13 from $15 and keeps an Equal Weight rating on the shares. The firm says that with the ongoing macro uncertainty, it sees increased nervousness for the upcoming software Q1 earnings. However, many names have growth assumptions below the past three years, “which offers some comfort,” the analyst tells investors in a research note.
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