The Globe and Mail reports in its Friday edition that Stifel analyst Suthan Sukumar sees Lightspeed Commerce as "a leader in cloud Point-of-Sale (POS) systems, disrupting a largely legacy sector with a next-gen commerce tech-stack to address the complex needs of merchants in the retail and restaurant industries." The Globe's David Leeder writes that Mr. Sukumar, however, sees the risk-reward proposition "relatively balanced given near-term uncertainty," leading him to begin coverage with a "hold" rating and $18 (U.S.) share target. Analysts on average target the shares at $30.42 (U.S.). The Globe reported on Sept. 27 that Scotia Capital analyst Kevin Krishnaratne said patient Lightspeed Commerce investors could be rewarded. Mr. Krishnaratne said Lightspeed is one of his top picks, which he rated "sector outperform." The shares could then be had for $22.34 (Canadian). The Globe reported on Oct. 4 that iA Capital Markets analyst Neehal Upadhyaya had added Lightspeed Commerce to his "Top Picks" list. Mr. Upadhyaya rated Lightspeed Commerce "buy." In the item, Mr. Upadhyaya said the company had plenty of growth levers it could pull on int the medium to long term. Its shares could then be had for $27.04 (Canadian).
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