Baird lowered the firm’s price target on SailPoint (SAIL) to $22 from $26 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results which showed a solid close to the year as SaaS and AI continue to ramp but temporary clouds healine its ARR guidance.
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Read More on SAIL:
- SailPoint: Strong ARR Momentum, Conservative 2027 Guidance, and SaaS Transition Support Buy Rating
- SailPoint price target lowered to $18 from $21 at Goldman Sachs
- SailPoint price target lowered to $17 from $25 at BMO Capital
- SailPoint price target lowered to $16 from $20 at Mizuho
- SailPoint price target lowered to $16 from $20 at Barclays