Smarter Analyst

SailPoint Technologies Holdings (SAIL) Receives a Hold from Needham

In a report released today, Alex Henderson from Needham assigned a Hold rating to SailPoint Technologies Holdings (SAIL). The company’s shares closed last Friday at $36.25, close to its 52-week high of $38.71.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 21.1% and a 60.3% success rate. Henderson covers the Technology sector, focusing on stocks such as Applied Optoelectronics, Forescout Technologies, and CrowdStrike Holdings.

SailPoint Technologies Holdings has an analyst consensus of Strong Buy, with a price target consensus of $36.45, which is a 3.4% upside from current levels. In a report issued on August 7, Rosenblatt Securities also maintained a Hold rating on the stock with a $35.00 price target.

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The company has a one-year high of $38.71 and a one-year low of $11.61. Currently, SailPoint Technologies Holdings has an average volume of 1.45M.

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SailPoint Technologies Holdings, Inc. engages in the provision of enterprise identity governance solutions. It operates through the following geographical segments: United States; EMAE or Europe, the Middle East, and Africa; and Rest of the World. It also offers licensing of software, sale of professional services, maintenance, and technical support. The company was founded on August 8, 2014 and is headquartered in Austin, TX.