In a report released yesterday, J. Parker Lane from Stifel Nicolaus maintained a Hold rating on Sprinklr (CXM – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $11.13.
According to TipRanks, Parker Lane is an analyst with an average return of -4.5% and a 44.86% success rate. Parker Lane covers the Technology sector, focusing on stocks such as Unity Software, Adobe, and Guidewire.
Currently, the analyst consensus on Sprinklr is a Moderate Buy with an average price target of $16.22, a 45.73% upside from current levels. In a report released on December 8, Morgan Stanley also maintained a Hold rating on the stock with a $16.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
CXM market cap is currently $3.2B and has a P/E ratio of 105.33.
Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CXM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sprinklr (CXM) Company Description:
Sprinklr Inc is engaged in providing enterprise software that enables every customer-facing function across the front office, from Customer Care to Marketing, to collaborate across internal silos, communicate across digital channels. Its products include Modern Marketing and Advertising, Morden Research, Modern Care, Core Platform, and Developer portal among others.
Read More on CXM:
