SVMK (SVMK) Receives a Rating Update from a Top Analyst
In a report released today, Brian Fitzgerald from Wells Fargo maintained a Buy rating on SVMK (SVMK), with a price target of $28.00. The company’s shares closed last Thursday at $22.52.
According to TipRanks.com, Fitzgerald is a top 25 analyst with an average return of 36.7% and a 80.7% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as Uber Technologies, LiveRamp Holdings, and ANGI Homeservices.
SVMK has an analyst consensus of Strong Buy, with a price target consensus of $28.33, implying a 29.2% upside from current levels. In a report released yesterday, Needham also reiterated a Buy rating on the stock with a $27.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $26.24 and a one-year low of $9.35. Currently, SVMK has an average volume of 932.6K.
Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SVMK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SVMK, Inc. engages in the provision of survey software products. Its People Powered Data platform enables organizations of any size to have conversations at scale to deliver customer, employee, and market insights. The company was founded by Ryan Finley in 1999 and is headquartered in San Mateo, CA.