The Globe and Mail reports in its Tuesday, Oct. 31, edition that Stifel analyst Suthan Sukumar has reaffirmed his "hold" recommendation for Lightspeed Commerce. The Globe's David Leeder writes that Mr. Sukumar cut his share target back by $3 to $17 (all figures U.S.). Analysts on average target the shares at $19.57. Mr. Sukumar says in a note: "We are expecting a largely neutral, in-line print for Lightspeed's FQ2 results expected premarket on Nov. 2 given our view for more back-half (H2/F24)-weighted strength, as per management's prior F24 guidance. While we see modest upside risk to GTV given generally stable consumer payment volumes quarter-over-quarter and potential for stronger payment attach rates with an aggressive payments strategy, higher customer churn risk remains a near-term headwind given the mandated payments push and focus shift to larger merchants. We remain on the sidelines as we look for proof points of successful execution and visibility to EBITDA break-even or better by the end of F24. Target lowered to $17 on recent peer multiple compression." The Globe reported on Oct. 27 that National Bank Financial reaffirmed its "outperform" call on Lightspeed when it could be had for $13.75.