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CXM - Sprinklr: Revising Rating To Hold On Poor Growth Outlook
June, 17 2024 11:53 AM
Sprinklr Inc. Class A
2024-06-17 11:53:45 ET
Summary 1Q25 earnings showed disappointing growth and profitability performance, leading to a revised hold rating for CXM. Poor macro environment and increased adoption of AI are creating headwinds for CXM's growth prospects. Revised target price for CXM significantly downward to ~$9 due to slower revenue growth and expected discount to peers.
Investment overview For further details see:
Sprinklr: Revising Rating To Hold On Poor Growth Outlook
Stock Information
Company Name:
Sprinklr Inc. Class A
Stock Symbol:
CXM
Market:
NYSE
Website:
sprinklr.com
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