$Lightspeed POS (LSPD.US)$ Scotiabank analyst Paul Steep upg...

$Lightspeed POS(LSPD.US)$ Scotiabank analyst Paul Steep upgraded Lightspeed to outperform with a $103 price target. Steep thinks the stock's post-Q2 reaction is "overdone" and sees Lightspeed shares as a buying opportunity because the company will continue to post year-over-year growth despite concerns about lower-than-expected organic store growth. Steep said the company's guidance may have been conservative because of the ongoing lockdown and supply chain issues with holiday sales for retail customers.