NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Leading law firm Bleichmar Fonti & Auld LLP announces the upcoming July 12, 2024, deadline in the Sprout Social (Nasdaq: SPT) Securities Class Action Lawsuit. If you invested in Sprout Social, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/sprout-social-inc-investigation. Why is SPT being Sued? On May 13, 2024, Sprout Social was sued for violations of the federal securities laws. The Complaint alleges that between Nove ...

Investors might want to bet on Sprout Social (SPT) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this developer of cloud software is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in e ...

Shares of Sprout Social (SPT) have gained 13.3% over the past four weeks to close the last trading session at $32.65, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $51.08 indicates a potential upside of 56.5%. The average comprises 12 short-term price targets ranging from a low of $40 to a high of $76, with a standard deviation of $11.03. While the lowest estimate indicates an ...

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ: SPT) for violations of the federal securities laws on behalf of investors who purchased or acquired Sprout Social common stock between November 2, 2023 and May 2, 2024, inclusive (the "Class Period"). On May 13, 2024, a complaint was filed against the Co ...

CLASS PERIOD: November 2, 2023 to May 2, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company's sales and revenue growth were not indicative of the Company's growth as it transitioned to an enterprise sales cycle; (2) the Company faced integration challenges with its acquisition of Tagger, a leading influencer marketing and social intelligence platform; (3) as a result, the Compan ...

To join the Sprout Social class action, go to https://rosenlegal.com/submit-form/?case_id=25140 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not de ...

NEW YORK, May 22, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ: SPT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Sprout Social and certain of i ...

Evaluating a very messy quarter and messier guidance I have owned Sprout (NASDAQ:SPT) Social shares for some time now. And I have written a couple of articles about Sprout for SA, the most recent in Oct. 2023. The shares fell sharply a couple of weeks ago, and are 40% below the price at which I last recommended them. A rather substantial miscue! The culprit: poor guidance that drove the shares down by over 40% just on Friday, May 3. Was the share price implosion "justified?" Or has the share price implosion ...

https://securitiesclasslaw.com/securities/sprout-social-inc-loss-submission-form/?id=80736&from=4 CLASS PERIOD: November 2, 2023 to May 2, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company's sales and revenue growth were not indicative of the Company's growth as it transitioned to an enterprise sales cycle; (2) the Company faced integration challenges with its acquisition of Ta ...

BENSALEM, Pa., May 20, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ: SPT). Class Period: November 2, 2023 – May 2, 2024 Lead Plaintiff Deadline: July 12, 2024 Investors suffering losses on their Sprout Social investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in thi ...