Sprout Social price target lowered to $34 from $38 at Barclays

Barclays lowered the firm’s price target on Sprout Social (SPT) to $34 from $38 and keeps an Overweight rating on the shares. The firm says that while the company’s Q4 sales “did not jump of the page,” there were solid points on profit and some leading indicators. Sprout’s fiscal 2025 guidance was lower than expectations, but there are “additional layers of prudence that could put the model in a better place moving forward,” the analyst tells investors in a research note.