In a report released today, Kash Rangan from Goldman Sachs maintained a Sell rating on SolarWinds (SWI – Research Report). The company’s shares opened today at $9.73.
Rangan covers the Technology sector, focusing on stocks such as ServiceNow, Gitlab, and Microsoft. According to TipRanks, Rangan has an average return of 8.9% and a 59.47% success rate on recommended stocks.
Currently, the analyst consensus on SolarWinds is a Hold with an average price target of $14.25.
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SWI market cap is currently $1.55B and has a P/E ratio of -1.68.
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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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