JPMorgan raised the firm’s price target on SailPoint (SAIL) to $26 from $25 and keeps a Neutral rating on the shares. The company delivered a “solid beat and raise” quarter, the analyst tells investors in a research note. The firm says management’s commentary on the call was positive, citing the durability of demand in its markets, including across the U.S. federal markets it serves.
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Read More on SAIL:
- SailPoint price target raised to $20 from $16 at Wells Fargo
- SailPoint, Inc.: Strong Financial Performance and Growth Prospects Justify Buy Rating and Increased Price Target
- SailPoint, Inc.: Balancing Strong Growth with Caution Amid Lock-Up Expiration Concerns
- SailPoint price target raised to $25 from $23 at Barclays
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