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Barclays Reaffirms Their Buy Rating on Sprinklr (CXM)
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Barclays Reaffirms Their Buy Rating on Sprinklr (CXM)

Barclays analyst Raimo Lenschow reiterated a Buy rating on Sprinklr (CXMResearch Report) yesterday and set a price target of $15.00. The company’s shares closed yesterday at $12.43.

Lenschow covers the Technology sector, focusing on stocks such as Microsoft, Teradata, and Appian. According to TipRanks, Lenschow has an average return of 5.7% and a 53.97% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sprinklr with a $16.00 average price target.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $17.14 and a one-year low of $9.79. Currently, Sprinklr has an average volume of 2.54M.

Based on the recent corporate insider activity of 114 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.

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