Piper Sandler analyst Arvind Ramnani maintained a Hold rating on Thoughtworks Holding (TWKS – Research Report) today and set a price target of $5.00. The company’s shares closed yesterday at $4.61.
According to TipRanks, Ramnani is a 2-star analyst with an average return of -0.2% and a 49.84% success rate. Ramnani covers the Technology sector, focusing on stocks such as Globant SA, Duolingo, and Epam Systems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Thoughtworks Holding with a $5.42 average price target.
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The company has a one-year high of $11.81 and a one-year low of $3.18. Currently, Thoughtworks Holding has an average volume of 894.1K.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TWKS in relation to earlier this year.
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Thoughtworks Holding (TWKS) Company Description:
Thoughtworks Holding Inc is a global technology consultancy that integrates strategy, design and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses.
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