Robert W. Baird Sticks to Its Buy Rating for Asana (ASAN)

In a report released on September 8, Robert Oliver from Robert W. Baird reiterated a Buy rating on Asana (ASANResearch Report), with a price target of $32.00. The company’s shares closed last Friday at $24.66.

According to TipRanks, Oliver is a 5-star analyst with an average return of 10.5% and a 54.17% success rate. Oliver covers the Technology sector, focusing on stocks such as Atlassian, Aspen Technology, Inc., and Blackbaud.

In addition to Robert W. Baird, Asana also received a Buy from JMP Securities’s Patrick Walravens in a report issued on September 8. However, on the same day, Citigroup maintained a Hold rating on Asana (NYSE: ASAN).

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $145.79 and a one-year low of $16.19. Currently, Asana has an average volume of 3.52M.

Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is neutral on the stock.

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.

Asana Inc is a software company. The company provides platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. It helps plan marketing campaigns, streamline processes, manage sales, and manage product launches. Also, the company provides project management and workflow management solutions.

Read More on ASAN:

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