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SailPoint Technologies Holdings (SAIL) PT Raised to $40 at Oppenheimer

August 7, 2020 7:00 AM EDT

Oppenheimer analyst Shaul Eyal raised the price target on SailPoint Technologies Holdings (NYSE: SAIL) to $40.00 (from $25.00) while maintaining an Outperform rating.

The analyst commented, "Simply put, 2Q20 was a blow-out quarter, handily surpassing Street expectations with revenue of $92.5M (up 46.6% y/y)... More