Sumo Logic Inc. (SUMO) Tops Q4 EPS by 5c

Go back to Sumo Logic Inc. (SUMO) Tops Q4 EPS by 5c

Sumo Logic Inc. (SUMO) PT Lowered to $32 at Cowen

March 11, 2021 6:25 AM EST

Cowen analyst J. Derrick Wood lowered the price target on Sumo Logic Inc. (NASDAQ: SUMO) to $32.00 (from $35.00) while maintaining an Outperform rating.

The analyst commented, "SUMO reported 36% billings growth well above Street at 20%, w/ several metrics back to pre-pandemic levels. However,... More