Credit Suisse Downgrades Lightspeed Commerce: Here's What You Need To Know

Credit Suisse downgraded its rating of Lightspeed Commerce LSPD to Neutral with a price target of $18.00, changing its price target from $21.00 to $18.00.

Shares of Lightspeed Commerce are trading down 2.36% over the last 24 hours, at $17.14 per share.

A move to $18.00 would account for a 5.05% increase from the current share price.

About Lightspeed Commerce

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accepts payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, Netherlands, Australia, and other countries. It derives a majority of its revenue from the United States.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.