The Globe and Mail reports in its Friday, Jan. 10, edition that Barclays analyst Raimo Lenschow lowered his recommendation for Lightspeed Commerce to "equal weight" from "overweight" and dropped his share target to $18 from $20 (all figures U.S.). The Globe's David Leeder writes that analysts on average target the shares at $18.91. Mr. Lenschow says in a note: "We see 2025 as a better year for IT spending. This means software can be a relative outperformer as estimates inflect higher during the year and with valuation levels only in-line with historical levels. We see a comeback for Microsoft, Intuit, Workday in CY25. Snowflake moves to 'overweight,' Lightspeed to 'equal weight' and BigCommerce Holdings to 'underweight.'" The Globe reported on Sept. 18 that Benchmark analyst Mark Palmer had reaffirmed his "buy" recommendation for Lightspeed Commerce. The shares could then be had for $13.34. The Globe reported on Sept. 27 that BMO Capital Markets analyst Thanos Moschopoulos was sticking with his "outperform" call on Lightspeed Commerce. The shares could then be had for $16.73. The Globe reported on Jan. 7 that CIBC was sticking with its "outperformer" ranking. The shares could then be had for $16.19.