Asana (ASAN) Receives Subdued Enthusiasm as Wall Street Starts Coverage

Go back to Asana (ASAN) Receives Subdued Enthusiasm as Wall Street Starts Coverage

UPDATE: RBC Capital Starts Asana (ASAN) at Outperform

October 26, 2020 5:10 AM EDT

(Updated - October 26, 2020 5:49 AM EDT)

(correcting rating action, adding comment)

RBC Capital analyst Alex Zukin initiates coverage on Asana (NYSE: ASAN) at Outperform, PT $30.00.

The analyst comments "We view the company as a leader in the evolving Work Management category, with a... More

UPDATE: Piper Sandler Starts Asana (ASAN) at Neutral

October 26, 2020 4:21 AM EDT

(Updated - October 26, 2020 8:41 AM EDT)

(updated to add analyst comments)

Piper Sandler analyst Brent Bracelin initiates coverage on Asana (NYSE: ASAN) with a Neutral rating and a price target of $25.00.

The analyst commented, "Asana was created out of necessity... More

Credit Suisse Starts Asana (ASAN) at Neutral

October 26, 2020 4:21 AM EDT

Credit Suisse initiates coverage on Asana (NYSE: ASAN) with a Neutral rating and a price target of $23.00.


For an analyst ratings summary and ratings history on Asana click here. For more ratings news on Asana click here.


Shares of Asana closed at $23.51 yesterday.

... More

UPDATE: JMP Securities Starts Asana (ASAN) at Market Outperform

October 26, 2020 4:20 AM EDT

(Updated - October 26, 2020 4:58 AM EDT)

(updating comment)

JMP Securities analyst Patrick Walravens initiates coverage on Asana (NYSE: ASAN) with a Market Outperform rating and a price target of $31.00.

The analyst comments "We like Asana for several reasons, including: 1) the leadership of CEO Dustin Moskovitz, who co-founded Facebook... More

KeyBanc Starts Asana (ASAN) at Sector Weight

October 26, 2020 4:19 AM EDT

KeyBanc initiates coverage on Asana (NYSE: ASAN) with a Sector Weight rating.


For an analyst ratings summary and ratings history on Asana click here. For more ratings news on Asana click here.


Shares of Asana closed at $23.51 yesterday.

... More

Morgan Stanley Starts Asana (ASAN) at Equalweight

October 26, 2020 4:18 AM EDT

Morgan Stanley initiates coverage on Asana (NYSE: ASAN) with a Equalweight rating and a price target of $27.00.


For an analyst ratings summary and ratings history on Asana click here. For more ratings news on Asana click here.


Shares of Asana closed at $23.51 yesterday.

... More

UPDATE: Jefferies Starts Asana (ASAN) at Buy

October 26, 2020 4:18 AM EDT

(Updated - October 26, 2020 7:48 AM EDT)

(updated to add analyst comments)

Jefferies analyst Brent Thill initiates coverage on Asana (NYSE: ASAN) with a Buy rating and a price target of $30.00.

The analyst commented, "ASAN's differentiated solution for work management enables... More

UPDATE: JPMorgan Starts Asana (ASAN) at Neutral

October 26, 2020 4:15 AM EDT

(Updated - October 26, 2020 4:33 AM EDT)

(updating comment)

JPMorgan analyst Mark Murphy initiates coverage on Asana (NYSE: ASAN) with a Neutral rating and a price target of $25.00.

The analyst comments "Asana is a leader in collaborative work management applications, elevating... More