SolarWinds PT Raised to $76.00 (SWI)
Shares of SolarWinds traded down 0.17% during mid-day trading on Friday, hitting $59.71. SolarWinds has a 52 week low of $35.34 and a 52 week high of $61.39. The stock’s 50-day moving average is currently $55.41. The company has a market cap of $4.476 billion and a P/E ratio of 55.90.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a buy rating on shares of SolarWinds in a research note to investors on Tuesday, February 5th. Separately, analysts at Needham & Company raised their price target on shares of SolarWinds from $59.00 to $62.00 in a research note to investors on Tuesday, February 5th. They now have a buy rating on the stock. Finally, analysts at FBR Capital raised their price target on shares of SolarWinds from $50.00 to $56.00 in a research note to investors on Tuesday, February 5th. They now have a market perform rating on the stock.
Five investment analysts have rated the stock with a buy rating, two have issued an overweight rating, nine have issued a hold rating, and one has assigned a sell rating to the company. SolarWinds currently has a consensus rating of overweight and a consensus price target of $59.47.
SolarWinds, Inc. (SolarWinds) designs, develops, markets, sells and supports enterprise information technology (IT) infrastructure management software to IT professionals in organizations of all sizes.
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