Credit Suisse analyst Brad Zelnick maintained a Hold rating on Ooma (NYSE: OOMA) on May 10 and set a price target of $13. The company’s shares closed on Friday at $10.80.
Zelnick said:
“We have assumed coverage of Ooma. We have made no changes to our rating, target price, or estimates at this time.”
According to TipRanks.com, Zelnick is a 4-star analyst with an average return of 13.0% and a 70.6% success rate. Zelnick covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Ultimate Software, and Microsoft Corp.
Ooma has an analyst consensus of Moderate Buy, with a price target consensus of $14.
See today’s analyst top recommended stocks >>
The company has a one-year high of $12.75 and a one-year low of $7.30. Currently, Ooma has an average volume of 54.92K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ooma, Inc. is a holding company, which provides communications solutions and other connected services to small business, home and mobile users. It hybrid SaaS platform, consisting of their proprietary cloud, on-premise appliances, mobile applications, and end-point devices, provides the connectivity and functionality that power its solutions.
