BMO Capital analyst Keith Bachman lowered the firm’s price target on SailPoint (SAIL) to $17 from $25 and keeps an Outperform rating on the shares. SailPoint delivered a “reasonable quarter,” though upside was “considerably less than previous quarters,” says the analyst, who cites multiple compression in the peer group for a lowered price target
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Read More on SAIL:
- SailPoint price target lowered to $16 from $20 at Barclays
- SailPoint price target lowered to $19 from $25 at TD Cowen
- SailPoint price target lowered to $18 from $29 at Evercore ISI
- SailPoint price target lowered to $25 from $30 at Piper Sandler
- SailPoint participates in a conference call with JPMorgan