Barclays analyst Saket Kalia lowered the firm’s price target on SailPoint (SAIL) to $23 from $27 and keeps an Overweight rating on the shares ahead of the Q1 report in June 11. The firm models net new annual recurring revenue of $21M, but sees an upside scenario of $25M.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAIL:
- SailPoint, Inc.: Strong Market Position and Growth Potential Justify Buy Rating
- SailPoint price target lowered to $24 from $25 at Mizuho
- SailPoint price target lowered to $25 from $26 at Morgan Stanley
- Cybersecurity survey points to demand slowdown, says Jefferies
- Apple upgraded, Wayfair downgraded: Wall Street’s top analyst calls
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue