The Globe and Mail reports in its Saturday, Aug. 6, edition that Barclays analyst Raimo Lenschow has reaffirmed his "overweight" call on Lightspeed Commerce. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Lenschow cut his share target by $4 (U.S.) to $27 (U.S.). He says Lightspeed posted "healthy" first quarter earnings. He cautions, however, that the near-term outlook is mixed. The Globe says Lightspeed is an electronic payments technology company. Mr. Lenschow says in a note: "The post pandemic return of shopping/dining as a meaningful tailwind but the potential for worsening consumer spend as a possible headwind. In our view, the dominating force here is tough to tell but we note management highlighted other factors that should help offset macro headwinds -- namely the geographical and vertical diversity of the customer base and the still low penetration of payments. The quarter itself was solid (3 per cent revenue beat, 4 per cent beat on software and payments) despite management calling out the negative impact from inflation, particularly on the retail segment."