In a report issued on July 17, Gray Powell from BTIG maintained a Hold rating on Sumo Logic (SUMO – Research Report). The company's shares closed last Tuesday at $6.86, close to its 52-week low of $6.73. According to TipRanks.com, Powell is a 4-star analyst with an average return of 6.6% and a 48.3% success rate. Powell covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks. Sumo Logic has an analyst consensus of Moderate Buy, with a price target consensus of $12.25, which is a 72.1% upside from current levels.
https://www.tipranks.com/news/blurbs/btig-reaffirms-their-hold-rating-on-sumo-logic-sumo?utm_source=advfn.com&utm_medium=referral
Sumo Logic (NASDAQ:SUMO)
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