Goldman Sachs analyst Kash Rangan reiterated a Sell rating on SolarWinds (SWI – Research Report) today and set a price target of $11.00. The company’s shares opened today at $10.29.
According to TipRanks, Rangan is a 5-star analyst with an average return of 10.0% and a 59.43% success rate. Rangan covers the Technology sector, focusing on stocks such as Salesforce, Microsoft, and ServiceNow.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for SolarWinds with a $11.00 average price target.
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The company has a one-year high of $10.93 and a one-year low of $7.51. Currently, SolarWinds has an average volume of 380.6K.
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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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