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PagerDuty (PD) Gets a Hold from Morgan Stanley

Tipranks - Tipranks - Sat Mar 14, 7:30AM CDT

In a report released today, Sanjit Singh from Morgan Stanley maintained a Hold rating on PagerDuty, with a price target of $7.00.

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According to TipRanks, Singh is a 2-star analyst with an average return of 0.7% and a 46.60% success rate. Singh covers the Technology sector, focusing on stocks such as Gitlab, Snowflake, and Akamai.

In addition to Morgan Stanley, PagerDuty also received a Hold from William Blair’s Jake Roberge in a report issued today. However, on the same day, TipRanks – Google upgraded PagerDuty (NYSE: PD) to a Buy.

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Based on PagerDuty’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $124.55 million and a net profit of $159.56 million. In comparison, last year the company earned a revenue of $118.95 million and had a GAAP net loss of $5.92 million

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