10:39 AM EDT, 08/02/2024 (MT Newswires) -- Lightspeed continues to "thread the needle" of driving profitable growth, which is shaping up to be more durable, notes RBC. The company is also making a concerted effort to pivot its sales team back on driving software growth in H2 2025. In addition to refocusing its sales teams, Lightspeed is targeting both back-book and front-book pricing initiatives, which should further support the second half ramp in software growth, analyst Daniel Perlin notes.

Target trimmed to US$20, from US$21. Maintain Outperform.

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