Lightspeed Pos (TSE:LSP) Rating Increased to Strong-Buy at Benchmark

Lightspeed Pos (TSE:LSP) was upgraded by Benchmark to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks.com reports.

A number of other brokerages have also recently weighed in on LSP. Cibc World Mkts raised shares of Lightspeed Pos from a “hold” rating to a “strong-buy” rating in a report on Friday, May 24th. Royal Bank of Canada cut Lightspeed Pos from a “moderate buy” rating to a “strong sell” rating in a research note on Thursday, August 15th.

Lightspeed Pos Price Performance

Lightspeed Pos (TSE:LSP) last released its quarterly earnings results on Thursday, August 1st. The company reported C$0.04 earnings per share for the quarter, topping analysts’ consensus estimates of C($0.14) by C$0.18. The company had revenue of C$364.07 million for the quarter, compared to analyst estimates of C$351.95 million.