Barclays analyst Raimo Lenschow maintained a Hold rating on SolarWinds Corporation (SWI) yesterday and set a price target of $17. The company’s shares closed yesterday at $16.54.
According to TipRanks.com, Lenschow is a top 25 analyst with an average return of 18.0% and a 72.8% success rate. Lenschow covers the Technology sector, focusing on stocks such as Pivotal Software Inc, Coupa Software Inc, and Citrix Systems.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SolarWinds Corporation with a $19 average price target.
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The company has a one-year high of $19.04 and a one-year low of $12.25. Currently, SolarWinds Corporation has an average volume of 884.6K.
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SolarWinds Corp. engages in the provision of information technology (IT)infrastructure management software. It provides network management, systems management, database management, IT security, IT helpdesk, and cloud services. The company was founded in 1999 and is headquartered in Austin, TX.
