SunTrust Robinson analyst Terry Tillman reiterated a Buy rating on Workiva Inc (NYSE: WK) yesterday and set a price target of $31. The company’s shares closed yesterday at $25.50.
According to TipRanks.com, Tillman is a top 100 analyst with an average return of 36.2% and a 83.0% success rate. Tillman covers the Technology sector, focusing on stocks such as Manhattan Associates, Coupa Software Inc, and Ultimate Software.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Workiva Inc with a $28 average price target.
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Based on Workiva Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $9.62 million. In comparison, last year the company had a GAAP net loss of $10.2 million.
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Workiva, Inc. engages in the provision cloud solutions for improving productivity, accountability, and insight into business data. Its platform, Wydesk, includes proprietary word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions, and a full audit trail. The company was founded by Matthew M. Rizai, Jerome M. Behar, Martin J. Vanderploeg, Joseph H. Howell, and Daniel J. Murray in August 2008 and is headquartered in Ames, IA.
