Barclays raised the firm’s price target on SailPoint (SAIL) to $25 from $23 and keeps an Overweight rating on the shares. The company reported a strong Q1 net new annual recurring revenue beat above Barclays’ upside scenario of $48M and raised the fiscal year ARR and margin guidance, the analyst tells investors in a research note. The firm sees the quarter helping investor sentiment.
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Read More on SAIL:
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- SailPoint Reports Strong Growth in Q1 2026
- SailPoint price target raised to $25 from $23 at Goldman Sachs
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