Ping Identity Holding (PING) Receives a Buy from Oppenheimer


Oppenheimer analyst Shaul Eyal reiterated a Buy rating on Ping Identity Holding (PING) today and set a price target of $30.00. The company’s shares closed last Monday at $23.35.

According to TipRanks.com, Eyal is a top 100 analyst with an average return of 15.1% and a 63.9% success rate. Eyal covers the Technology sector, focusing on stocks such as Nuance Communications, CyberArk Software, and Varonis Systems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ping Identity Holding with a $29.40 average price target, a 26.2% upside from current levels. In a report issued on March 1, RBC Capital also maintained a Buy rating on the stock with a $27.00 price target.

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The company has a one-year high of $29.80 and a one-year low of $15.22. Currently, Ping Identity Holding has an average volume of 668.2K.

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Ping Identity Holding Corp. engages in pioneering intelligent identity. It enables secure access to service, application or application programming interface from device.

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