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Lightspeed POS Inc (LSPD) Gets a Buy Rating from RBC Capital

A Wall Street analyst has provided a review for the Technology company on November 6, but retained the same rating on the stock. The Technology company, Lightspeed POS Inc (TSX: LSPD) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Perlin is a 2-star analyst with an average return of 0.2% and a 41.3% success rate. Perlin covers the Financial sector, focusing on stocks such as Broadridge Financial Solutions, Jack Henry & Associates, and Fidelity National Info.

Currently, the analyst consensus on Lightspeed POS Inc is a Moderate Buy with an average price target of C$25.86, which is a 23.6% upside from current levels. In a report issued on October 26, National Bank also maintained a Buy rating on the stock with a $20.00 price target.

The company has a one-year high of C$26.75 and a one-year low of C$16.94. Currently, Lightspeed POS Inc has an average volume of 497.4K.

Lightspeed POS Inc provides omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business. The company sells its platform through direct sales force in North America, Europe and Australia, supplemented by indirect channels in other countries around the world.

The company’s shares closed last Wednesday at C$21.23.

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