Lightspeed Commerce (LSPD) Gets a Buy Rating: Analyst Sees Strong Growth Ahead

Lightspeed Commerce (LSPD) is poised for strong revenue growth, driven by healthy transaction-based revenue and a reacceleration in subscription-based revenue, according to Benchmark analyst Mark Palmer. Palmer initiated coverage of Lightspeed with a Buy rating and a $20 price target, highlighting the company’s renewed focus on driving subscription-based sales and attracting high-value merchants.

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