RBC Capital analyst Matthew Hedberg maintained a Hold rating on SolarWinds (SWI – Research Report) on January 9 and set a price target of $10.00. The company’s shares closed yesterday at $9.25.
According to TipRanks, Hedberg is an analyst with an average return of -4.4% and a 36.62% success rate. Hedberg covers the Technology sector, focusing on stocks such as PTC, Okta, and Elastic.
Currently, the analyst consensus on SolarWinds is a Hold with an average price target of $12.92.
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The company has a one-year high of $14.42 and a one-year low of $7.51. Currently, SolarWinds has an average volume of 354.2K.
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SolarWinds Corp. engages in the provision of information technology (IT)infrastructure management software. It provides network management, systems management, database management, IT security, IT helpdesk, and cloud services. The company was founded in 1999 and is headquartered in Austin, TX.