In a report released yesterday, Jennifer Redding from Wedbush initiated coverage with a Buy rating on Pivotal Software Inc (NYSE: PVTL) and a price target of $25. The company’s shares opened today at $19.05.
According to TipRanks.com, Redding is a 2-star analyst with an average return of 2.4% and a 25.0% success rate. Redding covers the Technology sector, focusing on stocks such as Nuance Communications, Tenable Holdings Inc, and Verint Systems Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pivotal Software Inc with a $24.75 average price target.
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The company has a one-year high of $31.24 and a one-year low of $15.11. Currently, Pivotal Software Inc has an average volume of 1.76M.
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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.
