Momentive Global (MNTV) Gets a Buy from Needham

Needham analyst Ryan MacDonald reiterated a Buy rating on Momentive Global (MNTVResearch Report) today and set a price target of $11.00. The company’s shares closed last Friday at $7.64.

MacDonald covers the Technology sector, focusing on stocks such as 2U, Accolade, and American Well. According to TipRanks, MacDonald has an average return of 14.1% and a 51.03% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Momentive Global with a $12.50 average price target, representing a 63.61% upside. In a report released on August 5, Craig-Hallum also maintained a Buy rating on the stock with a $10.50 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $25.00 and a one-year low of $6.58. Currently, Momentive Global has an average volume of 1.68M.

Based on the recent corporate insider activity of 72 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 MNTV 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.

Read More on MNTV:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More