FMP
Apr 18, 2023(Last modified: Dec 19, 2023)
Goldman Sachs upgraded PowerSchool Holdings Inc. (NYSE:PWSC) to Buy from Neutral with a price target of $24.00, noting it anticipates a continuous enhancement in NRR, powered by improvements to the Unified Platform, resulting in a more valuable experience for customers through a "single pane of glass" integration of PowerSchool's products.
As a result, shares gained more than 4% today.
Furthermore, there may be significant achievements in international markets that could provide a 100-200bps tailwind to revenue, leading to consistent organic growth of over 10%.
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