♔ The Trade Off
Goldman Sachs Sticks to Its Hold Rating for SailPoint, Inc. (SAIL)
In a report released today, from Goldman Sachs maintained a Hold rating on SailPoint, Inc., with a price target of $21.00.
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In addition to Goldman Sachs, SailPoint, Inc. also received a Hold from TipRanks – OpenAI’s OpenAI Software – Infrastructure in a report issued on January 22. However, on the same day, TipRanks – Anthropic downgraded SailPoint, Inc. (NASDAQ: SAIL) to a Sell.
Based on SailPoint, Inc.’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $281.94 million and a GAAP net loss of $35.98 million. In comparison, last year the company earned a revenue of $235.26 million and had a GAAP net loss of $59.42 million
Read More on SAIL:
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- SailPoint: AI-Driven Growth, Legacy IGA Replacement Tailwinds, and Attractive Valuation Support Buy Rating and $29 Target
- SailPoint price target raised to $26 from $24 at RBC Capital
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- SailPoint management to meet with BTIG
- SailPoint announces integrations with CrowdStrike Falcon platform
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