Truist Financial Remains a Buy on HashiCorp (HCP)

In a report released today, Miller Jump from Truist Financial maintained a Buy rating on HashiCorp (HCP – Research Report). The company’s shares closed yesterday at $29.15.

According to TipRanks, Jump is a 4-star analyst with an average return of 21.4% and a 57.89% success rate. Jump covers the Technology sector, focusing on stocks such as MongoDB, JFrog, and HashiCorp.

In addition to Truist Financial, HashiCorp also received a Buy from JMP Securities’s Patrick Walravens in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on HashiCorp (NASDAQ: HCP).

The company has a one-year high of $36.39 and a one-year low of $18.91. Currently, HashiCorp has an average volume of 2.6M.

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HashiCorp (HCP) Company Description:

HashiCorp Inc is engaged in solving the infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds. Its cloud operating model provides consistent workflows and a standardized approach to automate the processes involved in delivering applications in the cloud: infrastructure provisioning, security, networking, and application deployment. Its main commercial products are Terraform, Vault, Consul, and Nomad.