Needham analyst Scott Berg maintained a Buy rating on WalkMe (WKME – Research Report) today and set a price target of $20.00. The company’s shares closed last Monday at $12.20, close to its 52-week low of $11.40.
According to TipRanks.com, Berg is a 4-star analyst with an average return of 8.3% and a 44.8% success rate. Berg covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Ceridian HCM Holding, and Bill.com Holdings.
Currently, the analyst consensus on WalkMe is a Strong Buy with an average price target of $22.75, which is a 72.0% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $28.00 price target.
WalkMe’s market cap is currently $1.02B and has a P/E ratio of -6.70.
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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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