Form 10-Q Sumo Logic, Inc. For: Jul 31

Go back to Form 10-Q Sumo Logic, Inc. For: Jul 31

Sumo Logic Inc. (SUMO) PT Lowered to $25 at Cowen

September 10, 2021 6:44 AM EDT

Cowen analyst J. Derrick Wood lowered the price target on Sumo Logic Inc. (NASDAQ: SUMO) to $25.00 (from $27.00) while maintaining an Outperform rating.

The analyst commented, "2Q billings growth of 29% was ahead of Street at 26%, aided by upside from its large customer.... More