Form 8-K Sumo Logic, Inc. For: Sep 06

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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