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Stock impact report

Sprout Social: Remain Bullish As Business Momentum Continues [Seeking Alpha]

Sprout Social, Inc - Class A (SPT) 
Last sprout social, inc - class a earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Seeking Alpha
The company has shown impressive revenue growth, driven by upmarket trends and successful cross-selling initiatives. The Salesforce partnership and improved sales team productivity position Sprout Social for further growth acceleration. Overview My recommendation for Sprout Social ( NASDAQ: SPT ) is still a buy rating as the business momentum continues to be sound, and the market appears to have looked past the customer churn issue, based on the valuation that SPT is trading at today. My expectation ahead is that SPT will continue to grow at a very healthy pace, with the potential to beat guidance. Note that I previously gave a buy rating for SPT as the business fundamentals remained sound and that investors were simply focusing on the wrong metric. My contrarian view to continue staying bullish paid off as the stock rallied from the lows in November '23 to the current share price of around $64. Recent results & updates Looking at SPT's performance in 4Q23 , I am still bull Show less Read more
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