UPDATE: Oppenheimer Starts UserTesting Inc (USER) at Outperform

UserTesting (USER) Stock Soars 10% as Wall Street Starts New Coverage With All Positive Ratings Despite Downsized IPO

Shares of UserTesting (NYSE: USER) are trading over 10% higher after at least 11 Wall Street firms started research coverage with positive ratings.

UserTesting stock made its public debut in November after the California-based company raised $140 million by selling 10 million shares at $14.00 each. USER previously planned to offer 14.2 million for between $15.00 and $17.00 a share.

On a more positive note, at least 11 firms started at Buy or equivalent with Truist setting a... More

Loop Capital Starts UserTesting Inc (USER) at Buy

Loop Capital analyst Yun Kim initiates coverage on UserTesting Inc (NYSE: USER) with a Buy rating and a price target of $10.00.

The analyst comments "We are initiating coverage of UserTesting with a Buy rating and $10 PT. In our view, USER has the next killer app in a highly... More

Needham & Company Starts UserTesting Inc (USER) at Buy

Needham & Company analyst Scott Berg initiates coverage on UserTesting Inc (NYSE: USER) with a Buy rating and a price target of $14.00.

The analyst commented, "We initiate coverage of UserTesting with a Buy Rating and a $14 PT. We believe USER shares give investors one... More

UPDATE: Raymond James Starts UserTesting Inc (USER) at Strong Buy

(Updated - December 13, 2021 6:17 AM EST)

Raymond James analyst Brian Peterson initiates coverage on UserTesting Inc (NYSE: USER) with a Strong Buy rating and a price target of $14.00.

The analyst comments "Were initiating coverage of USER with a Strong Buy rating and $14 price target. We... More

UPDATE: Truist Securities Starts UserTesting Inc (USER) at Buy

(Updated - December 13, 2021 7:33 AM EST)

Truist Securities analyst Terry Tillman initiates coverage on UserTesting Inc (NYSE: USER) with a Buy rating and a price target of $15.00.

The analyst comments "UserTesting is a pioneer in advancing the customer experience (CX) market with a... More

UPDATE: William Blair Starts UserTesting Inc (USER) at Outperform

(Updated - December 13, 2021 6:17 AM EST)

William Blair analyst Bhavan Suri initiates coverage on UserTesting Inc (NYSE: USER) with a Outperform rating.

The analyst comments "UserTestings platform is underpinned by its large network of over 600,000 video contributors. The vast scale of... More

UPDATE: Canaccord Genuity Starts UserTesting Inc (USER) at Buy

(Updated - December 13, 2021 7:03 AM EST)

Canaccord Genuity analyst David Hynes Jr. initiates coverage on UserTesting Inc (NYSE: USER) with a Buy rating and a price target of $15.00.

The analyst comments "Its plain to see that user experience intelligence is a pretty hot category these days. In a world thats evolved to be increasingly digital, many customer touch points have become faceless, which means in many... More

Piper Sandler Starts UserTesting Inc (USER) at Overweight

Piper Sandler analyst Brent Bracelin initiates coverage on UserTesting Inc (NYSE: USER) with a Overweight rating and a price target of $15.00.

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

Shares of UserTesting Inc closed at $8.38 yesterday.

UPDATE: Baird Starts UserTesting Inc (USER) at Outperform

(Updated - December 13, 2021 6:51 AM EST)

Baird analyst Rob Oliver initiates coverage on UserTesting Inc (NYSE: USER) with a Outperform rating and a price target of $15.00.

The analyst comments "Digital Transformation is driving an explosion in digital products. This requires enterprises to focus... More

UPDATE: JPMorgan Starts UserTesting Inc (USER) at Overweight

(Updated - December 13, 2021 4:28 AM EST)

JPMorgan analyst Mark Murphy initiates coverage on UserTesting Inc (NYSE: USER) with a Overweight rating and a price target of $14.00.

The analyst comments "UserTesting is the leader in customer experience narratives, shaping the market with continued innovation. Its video-first SaaS-based human insight platform enables companies to see and hear about the experience... More

UPDATE: Morgan Stanley Starts UserTesting Inc (USER) at Overweight

(Updated - December 13, 2021 4:43 AM EST)

Morgan Stanley analyst Stan Zlotsky initiates coverage on UserTesting Inc (NYSE: USER) with a Overweight rating and a price target of $11.00.

The analyst comments "UserTesting delivers real-time, video-based feedback from a network of contributors to... More