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Monness Sticks to Their Hold Rating for PagerDuty (PD)

Tipranks - Tipranks - Sat Mar 14, 9:06AM CDT

Monness analyst Brian White maintained a Hold rating on PagerDuty today and set a price target of $7.27.

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White covers the Technology sector, focusing on stocks such as Apple, Salesforce, and Snowflake. According to TipRanks, White has an average return of 13.4% and a 62.73% success rate on recommended stocks.

In addition to Monness, PagerDuty also received a Hold from TipRanks – xAI’s xAi Software – Application in a report issued today. However, on the same day, Bank of America Securities reiterated a Sell rating on PagerDuty (NYSE: PD).

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Based on PagerDuty’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $124.79 million and a net profit of $11.02 million. In comparison, last year the company earned a revenue of $121.45 million and had a GAAP net loss of $10.6 million

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