Qualtrics price target raised to $28 from $20 at JMP Securities

JMP Securities analyst Patrick Walravens raised the firm’s price target on Qualtrics to $28 from $20 and keeps an Outperform rating on the shares. The analyst cites the company’s Q4 earnings beat, which was its "second solid quarter in a row". JMP maintains a positive view on the stock as Qualtrics offers a superior product set for experience management across multiple categories and given that the company continues to show improving operating leverage.