In a report released today, Jonathan Ruykhaver from Robert W. Baird maintained a Buy rating on Mimecast Ltd (MIME), with a price target of $58.
According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of 23.6% and a 77.4% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Forescout Technologies Inc, Carbon Black Inc, and Varonis Systems.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mimecast Ltd with a $57.11 average price target.
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Based on the recent corporate insider activity of 112 insiders, corporate insider sentiment is negative on the stock.
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