Reaffirmed: SailPoint Technologies (SAIL) “Outperform” Rating Reaffirmed at Oppenheimer; $35 Target in Place

August 10, 2018 - By Margaret Guttierez

SailPoint Technologies (SAIL) Rating Reaffirmed

The financial company has just set a price target of $35 on SailPoint Technologies (SAIL) shares. This is 21.99 % from the previous close. In a research report revealed to clients and investors on Thursday morning, Oppenheimer reaffirmed their “Outperform” rating on shares of SAIL.

SailPoint Technologies Holdings, Inc. (NYSE:SAIL) Ratings Coverage

Among 10 analysts covering SailPoint Technologies Holdings (SAIL), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. SailPoint Technologies Holdings has $36 highest and $19 lowest target. $29.09’s average target is 1.39% above currents $28.69 stock price. SailPoint Technologies Holdings had 17 analyst reports since February 22, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained SailPoint Technologies Holdings, Inc. (NYSE:SAIL) on Sunday, March 18 with “Buy” rating. The firm has “Buy” rating given on Monday, April 23 by Oppenheimer. The stock has “Buy” rating by Needham on Monday, April 23. The firm earned “Buy” rating on Wednesday, May 30 by Piper Jaffray. Canaccord Genuity maintained the stock with “Hold” rating in Thursday, August 9 report. Jefferies maintained SailPoint Technologies Holdings, Inc. (NYSE:SAIL) rating on Thursday, May 10. Jefferies has “Buy” rating and $3000 target. The company was maintained on Thursday, April 19 by Jefferies. On Monday, March 26 the stock rating was maintained by Needham with “Buy”. The firm has “Buy” rating by RBC Capital Markets given on Monday, April 23. The firm has “Buy” rating by Citigroup given on Thursday, August 9.

The stock decreased 1.75% or $0.51 during the last trading session, reaching $28.69. About 128,767 shares traded. SailPoint Technologies Holdings, Inc. (SAIL) has 0.00% since August 10, 2017 and is . It has underperformed by 12.57% the S&P500.

SailPoint Technologies Holdings, Inc. designs, develops, and markets identity governance software solutions in North America, Europe, and the Asia Pacific. The company has market cap of $2.50 billion. The firm offers on-premises software and cloud solutions, which empower organizations to govern the digital identities of employees, contractors, business partners, and other users, as well as manage their constantly changing access rights to enterprise applications and data across hybrid IT environments. It currently has negative earnings. The Company’s solutions include IdentityIQ, an on-premises identity governance solution; IdentityNow, a cloud multi-tenant governance suite; SecurityIQ, an on-premises data access governance solution that secures access to data stored in file servers, collaboration portals, mailboxes, and cloud storage systems; and IdentityAI, an identity analytics solution for organizations to detect potential threats before they turn into security breaches.

More notable recent SailPoint Technologies Holdings, Inc. (NYSE:SAIL) news were published by: Streetinsider.com which released: “After-Hours Stock Movers 08/08: (YELP) (SAIL) (ROKU) Higher; (ACAD) (AMPE) (ELF) Lower (more…)” on August 08, 2018, also Nasdaq.com with their article: “New Research Coverage Highlights Federated Investors, SailPoint Technologies, Quidel, L3 Technologies, Pentair plc …” published on July 31, 2018, Seekingalpha.com published: “SailPoint and Rackspace collaborate to deliver cloud-hosted identity governance” on August 01, 2018. More interesting news about SailPoint Technologies Holdings, Inc. (NYSE:SAIL) were released by: Businesswire.com and their article: “SailPoint Announces Second Quarter 2018 Financial Results” published on August 08, 2018 as well as Seekingalpha.com‘s news article titled: “SailPoint +11.7% on Q2 beats, raised FY guidance” with publication date: August 08, 2018.

SailPoint Technologies Holdings, Inc. (NYSE:SAIL) Ratings Chart

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