The Globe and Mail reports in its Wednesday, Sept. 18, edition that Benchmark analyst Mark Palmer has reaffirmed his "buy" recommendation for Lightspeed Commerce. The Globe's David Leeder writes in the Eye On Equities column that Mr. Palmer set a share target of $20 (all figures U.S.). Analysts on average target the shares at $17.46. Mr. Palmer says in a note: "We believe Lightspeed is well positioned to continue to post the strong transaction-based revenue growth it has reported in recent quarters, and that its subscription-based revenue growth is poised to reaccelerate thanks to its renewed focus on driving sales in that area. Founder Dax Dasilva, who served as Lightspeed's CEO from its founding in 2005 until February, 2022, returned as chief executive in February, 2024, and has focused the company on boosting profitability while de-emphasizing large-scale M&A deals in favour of driving organic growth. Lightspeed's multifaceted, omnichannel commerce platform enables SMBs to avoid having to piece together multiple, disjointed applications from various providers to run their businesses, while its network of development, channel and installation partners helps to make its solutions scalable and customizable."