Barclays Sticks to Its Sell Rating for SecureWorks Corp (SCWX)
Barclays analyst Saket Kalia maintained a Sell rating on SecureWorks Corp (SCWX) yesterday and set a price target of $15. The company’s shares closed yesterday at $17.10.
According to TipRanks.com, Kalia is a 4-star analyst with an average return of 10.4% and a 54.9% success rate. Kalia covers the Technology sector, focusing on stocks such as Carbonite Inc, Ellie Mae Inc, and Mimecast Ltd.
SecureWorks Corp has an analyst consensus of Hold, with a price target consensus of $15.17.
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The company has a one-year high of $18.97 and a one-year low of $7.83. Currently, SecureWorks Corp has an average volume of 145K.
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SecureWorks Corp. is a cybersecurity company, which delivers information security solutions. Its SecureWorks Counter Threat Platform is a SaaS-based early-warning system that delivers insights and deploys countermeasures derived from analytics and applied intelligence. The company prevents security breaches and detects malicious activity in real time.