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BMO Capital Sticks to Its Buy Rating for WalkMe (WKME)

In a report released today, Keith Bachman from BMO Capital maintained a Buy rating on WalkMe (WKMEResearch Report), with a price target of $14.00. The company’s shares closed yesterday at $12.26.

According to TipRanks, Bachman is a 4-star analyst with an average return of 6.8% and a 55.91% success rate. Bachman covers the Technology sector, focusing on stocks such as Adobe, Microsoft, and Oracle.

WalkMe has an analyst consensus of Strong Buy, with a price target consensus of $17.50, which is a 42.74% upside from current levels. In a report released today, Goldman Sachs also maintained a Buy rating on the stock with a $16.00 price target.

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The company has a one-year high of $34.42 and a one-year low of $7.60. Currently, WalkMe has an average volume of 223.9K.

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WalkMe Ltd is the defining solution enabling organizations to better realize the value of software investments. It is a cloud-based digital adoption platform, users employees and customers of organizations can navigate websites, SaaS applications, and mobile apps through a digital, GPS-like experience to accomplish any task from simple, online transactions, to complex cross-application software processes, to fully autonomous experiences that require no manual clicks or entries.

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