SolarWinds (SWI) Tops Q4 EPS by 3c ; Offers Guidance
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SolarWinds (SWI) PT Raised to $13.50 at Goldman Sachs, 'remain bearish due to increased competition'
February 9, 2024 10:25 AM ESTGoldman Sachs analyst Kash Rangan raised the price target on SolarWinds (NYSE: SWI) to $13.50 (from $12.00) while maintaining a Sell rating.
The analyst comments "We reiterate our Sell rating while raising our 12-month PT to $13.50 following Q4 results (02/08/24). SWI was +6% following Consensus (FactSet) outperformance against Subscription Revenue (+12.5%), Total Revenue (+4.0%), and... More
