Mizuho lowered the firm’s price target on SailPoint (SAIL) to $16 from $20 and keeps a Neutral rating on the shares. The company reported “muted” annual recurring revenue upside with an “underwhelming” fiscal 2027 guidance, the analyst tells investors in a research note. However, the firm believes SailPoint’s AI identity is off to a solid start.
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Read More on SAIL:
- SailPoint price target lowered to $16 from $20 at Barclays
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