Robert W. Baird analyst Robert Oliver maintained a Hold rating on SolarWinds (SWI – Research Report) yesterday and set a price target of $11.00. The company’s shares closed yesterday at $8.67.
According to TipRanks, Oliver is a 4-star analyst with an average return of 6.7% and a 51.07% success rate. Oliver covers the Technology sector, focusing on stocks such as BlackLine, Tyler Technologies, and Verisign.
Currently, the analyst consensus on SolarWinds is a Hold with an average price target of $14.25, a 64.36% upside from current levels. In a report released on April 28, Truist Financial also maintained a Hold rating on the stock with a $9.00 price target.
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SWI market cap is currently $1.42B and has a P/E ratio of -1.50.
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SolarWinds Corp. engages in the provision of information technology (IT)infrastructure management software. It provides network management, systems management, database management, IT security, IT helpdesk, and cloud services. The company was founded in 1999 and is headquartered in Austin, TX.
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