Pivotal Software Inc (PVTL) PT Raised to $25 at BofA/Merrill Lynch
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Price: $15.00 --0%
Rating Summary:
1 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 54
Rating Summary:
1 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 54
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BofA/Merrill Lynch raised its price target on Pivotal Software Inc (NYSE: PVTL) to $25.00 (from $21.00) while maintaining a Neutral rating.
Analyst Nikolay Beliov remains sidelined due to the valuation but feels the premium valuation is justified given the company's higher SR growth of 39% compared comps at 266%.
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