Scotiabank lowered the firm’s price target on Sprout Social (SPT) to $25 from $28 and keeps a Sector Perform rating on the shares. The company reported Q4 results, with cRPO bookings growth slowing and FY25 revenue growth missing consensus, the analyst tells investors. Additionally, management believes the competitive landscape is increasingly favorable, presenting an opportunity to strengthen its market position, the firm adds.
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