Pivotal Software Inc Received its Third Buy in a Row

After William Blair and Credit Suisse gave Pivotal Software Inc (NYSE: PVTL) a Buy rating last month, the company received another Buy, this time from Morgan Stanley. Analyst Sanjit Singh maintained a Buy rating on Pivotal Software Inc today and set a price target of $26. The company’s shares closed yesterday at $21.21.

According to TipRanks.com, Singh is a 3-star analyst with an average return of 6.7% and a 55.6% success rate. Singh covers the Technology sector, focusing on stocks such as Nuance Communications, Nice-Systems, and Cloudera Inc.

Currently, the analyst consensus on Pivotal Software Inc is Moderate Buy and the average price target is $22.13, representing a 4.3% upside.

In a report released today, Credit Suisse also maintained a Buy rating on the stock with a $25 price target.

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The company has a one-year high of $22.60 and a one-year low of $15.11. Currently, Pivotal Software Inc has an average volume of 1.95M.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock.

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Pivotal Software, Inc. provides application and data infrastructure software. It specializes in integrated solution that combines a cloud-native platform and strategic services. Its products include Pivotal Big Data Suite, Pivotal GemFIre, and Pivotal Greenplum which allows enterprises to adopt software and development methodologoies.