Aug. 1 at 12:21 PM
$LSPD I don't see a bright future for this. This from the Globe & Mail.....
Seeing its first-quarter 2026 results as a “steady start to a plan laid out at the Company’s recent Investor Day,” National Bank’s Richard Tse raised his Lightspeed Commerce Inc. (LSPD-N -5.40%decrease
, LSPD-T -5.11%decrease
) target to US
$15 from US
$13 with a “sector perform” rating. Other changes include: Raymond James’ Steven Li to
$23 (Canadian) from
$20 with an “outperform” rating, ATB Capital Markets’ Martin Toner to
$18 from
$17 with a “sector perform” rating and Stifel’s Suthan Sukumar to US
$14 from US
$12 with a “hold” rating. The average is US
$13.81.
“FQ1 was solid but given the history, we’d prefer to see a string of consecutive execution results, particularly on location growth, to support a more sustained valuation re-rating,” said Mr. Tse.
