Jefferies Starts SolarWinds (SWI) at Buy
Tweet
Share
E-mailGet Alerts SWI Hot Sheet
Price: $29.00 -5.17%
Rating Summary:
5 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
5 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
Jefferies initiates coverage on SolarWinds (NYSE: SWI) with a Buy. PT $27.00.
The firm said, "SolarWinds will continue to benefit from secular growth trends and distribution advantages in its core network management market, while it remains early in its expansion to ancillary product and geographic markets. We believe SWI is well positioned to maintain above-market growth in the context of its 50% margin structure, providing visible earnings and cash-flow growth at an in-line valuation."
For more ratings news on SolarWinds click here and for the rating history of SolarWinds click here.
Shares of SolarWinds closed at $22.70 yesterday.
The firm said, "SolarWinds will continue to benefit from secular growth trends and distribution advantages in its core network management market, while it remains early in its expansion to ancillary product and geographic markets. We believe SWI is well positioned to maintain above-market growth in the context of its 50% margin structure, providing visible earnings and cash-flow growth at an in-line valuation."
For more ratings news on SolarWinds click here and for the rating history of SolarWinds click here.
Shares of SolarWinds closed at $22.70 yesterday.
Create E-mail Alert Related Categories
New CoverageRelated Entities
Jefferies & Co, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
