Sprinklr price target raised to $9 from $7 at Barclays

Barclays raised the firm’s price target on Sprinklr (CXM) to $9 from $7 and keeps an Underweight rating on the shares. The company posted “solid” Q3 results and the commentary from newly appointed CEO, Rory Read, “seems hopeful around an operating turnaround,” the analyst tells investors in a research note. The firm says that despite this excitement, execution needs to be achieved before warranting a revisit of its rating.