Sumo Logic and IBM Expand Collaboration to Accelerate Hybrid Cloud Adoption with Marketplace Availability and Red Hat OpenShift Operator Integration

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Go back to Sumo Logic and IBM Expand Collaboration to Accelerate Hybrid Cloud Adoption with Marketplace Availability and Red Hat OpenShift Operator Integration

Piper Sandler Downgrades Sumo Logic Inc. (SUMO) to Neutral

September 10, 2021 2:08 AM EDT

Piper Sandler analyst Rob Owens downgraded Sumo Logic Inc. (NASDAQ: SUMO) from Overweight to Neutral with a price target of $20.00 (from $24.00).

The analyst comments "In an environment where software 'beats and raises' have become the norm, we are modestly lowering our forward... More