Analysts fell to the sidelines weighing in on PagerDuty (PD), Okta (OKTA) and Medallia (MDLA) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
PagerDuty (PD)
Morgan Stanley analyst Sanjit Singh reiterated a Hold rating on PagerDuty today and set a price target of $31.00. The company’s shares closed last Monday at $24.99, close to its 52-week low of $21.72.
According to TipRanks.com, Singh is a 2-star analyst with an average return of 1.1% and a 47.7% success rate. Singh covers the Technology sector, focusing on stocks such as Nuance Communications, New Relic, and Cloudera.
Currently, the analyst consensus on PagerDuty is a Moderate Buy with an average price target of $30.33, which is a 18.0% upside from current levels. In a report released today, D.A. Davidson also maintained a Hold rating on the stock with a $24.00 price target.
See today’s analyst top recommended stocks >>
Okta (OKTA)
In a report released today, Melissa Franchi from Morgan Stanley reiterated a Hold rating on Okta, with a price target of $120.00. The company’s shares closed last Monday at $119.16.
According to TipRanks.com, Franchi is a 2-star analyst with an average return of 0.0% and a 50.0% success rate. Franchi covers the Technology sector, focusing on stocks such as Forescout Technologies, Varonis Systems, and Proofpoint.
Currently, the analyst consensus on Okta is a Moderate Buy with an average price target of $135.57, which is an 11.9% upside from current levels. In a report released today, Robert W. Baird also maintained a Hold rating on the stock with a $135.00 price target.
Medallia (MDLA)
In a report released today, Brad Zelnick from Credit Suisse reiterated a Hold rating on Medallia, with a price target of $37.00. The company’s shares closed last Monday at $29.86.
According to TipRanks.com, Zelnick is a 5-star analyst with an average return of 15.4% and a 73.0% success rate. Zelnick covers the Technology sector, focusing on stocks such as Zoom Video Communications, Ping Identity Holding, and Slack Technologies.
The word on The Street in general, suggests a Hold analyst consensus rating for Medallia.
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.
Read More on MDLA:
