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Stifel Nicolaus Sticks to Its Hold Rating for Lightspeed POS Inc (LSPD)

Stifel Nicolaus analyst Suthan Sukumar maintained a Hold rating on Lightspeed POS Inc (LSPDResearch Report) today and set a price target of $18.00. The company’s shares opened today at C$23.64.

According to TipRanks, Sukumar is a 3-star analyst with an average return of 2.9% and a 61.45% success rate.

In addition to Stifel Nicolaus, Lightspeed POS Inc also received a Hold from Bank of America Securities’s Koji Ikeda in a report issued today. However, on the same day, Barclays maintained a Buy rating on Lightspeed POS Inc (TSX: LSPD).

LSPD market cap is currently C$3.56B and has a P/E ratio of -19.39.

Based on the recent corporate insider activity of 40 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 LSPD in relation to earlier this year.

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Lightspeed POS Inc (LSPD) Company Description:

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.