Brokerages Set Sprinklr, Inc. (NYSE:CXM) Price Target at $10.13

Shares of Sprinklr, Inc. (NYSE:CXMGet Free Report) have been assigned an average rating of “Hold” from the fourteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $10.38.

A number of research firms recently commented on CXM. Stifel Nicolaus increased their price target on Sprinklr from $9.00 to $10.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. DA Davidson upped their price target on Sprinklr from $8.00 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Rosenblatt Securities boosted their price objective on Sprinklr from $10.50 to $12.00 and gave the stock a “buy” rating in a report on Thursday. William Blair cut Sprinklr from an “outperform” rating to a “market perform” rating in a report on Friday, February 7th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $9.00 price objective on shares of Sprinklr in a report on Thursday, December 5th.

Check Out Our Latest Stock Report on CXM

Hedge Funds Weigh In On Sprinklr

Several institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its position in shares of Sprinklr by 100.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,856 shares of the company’s stock valued at $33,000 after purchasing an additional 1,928 shares during the period. EPIQ Capital Group LLC boosted its position in Sprinklr by 26.2% during the 4th quarter. EPIQ Capital Group LLC now owns 12,841 shares of the company’s stock worth $109,000 after acquiring an additional 2,664 shares during the last quarter. NewEdge Advisors LLC boosted its position in Sprinklr by 10.6% during the 4th quarter. NewEdge Advisors LLC now owns 28,212 shares of the company’s stock worth $238,000 after acquiring an additional 2,700 shares during the last quarter. Ancora Advisors LLC acquired a new position in Sprinklr during the 4th quarter worth approximately $34,000. Finally, Price T Rowe Associates Inc. MD boosted its position in Sprinklr by 7.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 56,970 shares of the company’s stock worth $482,000 after acquiring an additional 4,194 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Sprinklr Trading Down 0.8 %

CXM stock opened at $9.13 on Wednesday. The firm has a market cap of $2.32 billion, a P/E ratio of 57.03, a P/E/G ratio of 2.31 and a beta of 0.80. Sprinklr has a 1-year low of $6.91 and a 1-year high of $14.32. The business’s 50 day moving average is $8.76 and its 200-day moving average is $8.27.

Sprinklr Company Profile

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Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.

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Analyst Recommendations for Sprinklr (NYSE:CXM)

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