Analysts have been eager to weigh in on the Technology sector with new ratings on SolarWinds Corporation (SWI) and TrueCar (TRUE).
SolarWinds Corporation (SWI)
In a report released today, Heather Bellini from Goldman Sachs downgraded SolarWinds Corporation to Hold. The company’s shares closed on Friday at $20.10, close to its 52-week high of $20.21.
According to TipRanks.com, Bellini is a 5-star analyst with an average return of 18.1% and a 74.5% success rate. Bellini covers the Technology sector, focusing on stocks such as Pivotal Software Inc, Salesforce.com, and Microsoft.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SolarWinds Corporation with a $18.50 average price target.
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TrueCar (TRUE)
In a report released today, Heath Terry from Goldman Sachs maintained a Sell rating on TrueCar. The company’s shares closed on Friday at $6.93, close to its 52-week low of $6.75.
According to TipRanks.com, Terry is a 5-star analyst with an average return of 19.8% and a 64.4% success rate. Terry covers the Technology sector, focusing on stocks such as Spotify Technology SA, Paypal Holdings, and Criteo SA.
The word on The Street in general, suggests a Hold analyst consensus rating for TrueCar with a $9.08 average price target.
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