SolarWinds Names Brian Goldfarb Chief Marketing Officer

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JPMorgan Starts SolarWinds (SWI) at Neutral

February 1, 2024 5:11 AM EST

JPMorgan analyst Pinjalim Bora initiates coverage on SolarWinds (NYSE: SWI) with a Neutral rating and a price target of $14.00.

The analyst comments "We are initiating coverage of SolarWinds with a Neutral rating and a Dec-24 PT of $14. Over the last few years, under new leadership, SolarWinds has transformed its product and business strategy, going from an inorganic proliferation of disparate point products, toward that of an organic development and a consolidated product portfolio, while also embarking on a transition from a perpetual license model to that of a subscription-model. This... More