In a report released yesterday, Gray Powell from BTIG maintained a Hold rating on Sumo Logic (SUMO – Research Report). The company's shares closed last Thursday at $7.71, close to its 52-week low of $6.87. According to TipRanks.com, Powell is a 4-star analyst with an average return of 6.9% and a 52.0% success rate. Powell covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks. Currently, the analyst consensus on Sumo Logic is a Moderate Buy with an average price target of $13.50, implying an 82.2% upside from current levels.
https://www.tipranks.com/news/blurbs/btig-remains-a-hold-on-sumo-logic-sumo?utm_source=advfn.com&utm_medium=referral
Sumo Logic (NASDAQ:SUMO)
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