In a report released today, Brian Schwartz from Oppenheimer reiterated a Buy rating on UserTesting (USER – Research Report), with a price target of $12.00. The company’s shares closed last Thursday at $5.20, close to its 52-week low of $4.14.
According to TipRanks.com, Schwartz is a top 100 analyst with an average return of 20.3% and a 62.4% success rate. Schwartz covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zeta Global Holdings Corp, and Qualtrics International.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for UserTesting with a $12.60 average price target.
The company has a one-year high of $15.98 and a one-year low of $4.14. Currently, UserTesting has an average volume of 416.1K.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of USER 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.
UserTesting Inc is a video-first, enterprise-grade software-as-a-service (SaaS) platform that enables organizations to see and hear the experiences of real people as they engage with products, designs, apps, processes, concepts, or brands. Its platform captures customer perspectives from targeted audiences who have opted to share their thoughts.
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