Credit Suisse analyst Brad Zelnick maintained a Buy rating on Ping Identity Holding (PING) yesterday and set a price target of $30.00. The company’s shares closed last Thursday at $25.33.
According to TipRanks.com, Zelnick is a top 100 analyst with an average return of 16.7% and a 73.5% success rate. Zelnick covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Zoom Video Communications, and CrowdStrike Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ping Identity Holding with a $24.80 average price target, a 4.9% upside from current levels. In a report issued on May 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 $12.03. Currently, Ping Identity Holding has an average volume of 712.2K.
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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. The company operates a platform that can leverage artificial intelligence and machine learning to analyse device, network, application and user behaviour data to make real-time authentication and security control decisions. The company was founded in 2003 and is headquartered in Denver, CO.
