RBC Capital Reiterates Outperform Rating on Lightspeed POS Inc. (LSPD)

RBC Capital analyst Daniel Perlin reiterated an Outperform rating and $21.00 price target on Lightspeed POS Inc. (NYSE: LSPD).

The analyst comments "We are reiterating our Outperform rating after hosting management meetings with LSPD's CFO and Head of IR, which we felt tilted positively and provided the following takeaways: 1) the software growth algorithm remains strong and is supported by an improving sales motion and pricing increases; 2) payments penetration will continue to march higher as LSPD finds success with European merchants; 3) LSPD differentiates from many of its perceived peers by focusing on a specific type of merchant; and 4) the most important in our view, that LSPD is deeply focused on driving profitable growth in FY25."

For an analyst ratings summary and ratings history on Lightspeed POS Inc. click here. For more ratings news on Lightspeed POS Inc. click here.

Shares of Lightspeed POS Inc. closed at $15.28 yesterday.

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