What is Wall Street's Target Price for Sailpoint Technologies Holdings Inc (SAIL) Stock Tuesday?

Tuesday, June 07, 2022 02:57 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Sailpoint Technologies Holdings Inc (SAIL) Stock Tuesday?

Analysts who follow Sailpoint Technologies Holdings Inc (SAIL) on average expect it to fall -0.84% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 17, which means it ranks higher than 17 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating SAIL a Buy today. Find out what this means to you and get the rest of the rankings on SAIL!

See Full SAIL Report

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Sailpoint Technologies Holdings Inc Stock Today?

Sailpoint Technologies Holdings Inc (SAIL) stock is trading at $62.98 as of 2:56 PM on Tuesday, Jun 7, a gain of $0.45, or 0.72% from the previous closing price of $62.53. The stock has traded between $62.43 and $63.65 so far today. Volume today is below average. So far 2,072,486 shares have traded compared to average volume of 4,866,978 shares. Click Here to get the full Stock Report for Sailpoint Technologies Holdings Inc stock.