HashiCorp, Inc (HCP) May options active after WSJ report of potential IBM (IBM) deal

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Truist Securities Downgrades HashiCorp Inc (HCP) to Hold

April 25, 2024 5:10 AM EDT

Truist Securities analyst Miller Jump downgraded HashiCorp Inc (NASDAQ: HCP) from Buy to Hold with a price target of $35.00 (from $27.00).

The analyst comments "We see the announcement as a positive outcome for HashiCorp shareholders. The company has continued to work through a... More

HashiCorp Inc (HCP) PT Raised to $32 at BofA Securities

April 24, 2024 9:11 AM EDT

BofA Securities analyst Brad Sills raised the price target on HashiCorp Inc (NASDAQ: HCP) to $32.00 (from $28.00) while maintaining a Neutral rating.

The analyst comments "The Wall Street Journal reported today (unconfirmed) that IBM is finalizing a potential acquisition of HashiCorp. HashiCorp shares... More

BTIG Downgrades HashiCorp Inc (HCP) to Neutral

April 24, 2024 5:17 AM EDT

BTIG analyst Gray Powell downgraded HashiCorp Inc (NASDAQ: HCP) from Buy to Neutral.

The analyst comments "We are downgrading HCP shares to Neutral because we now see a balanced risk reward after the stock's recent run following M&A speculation. To go into detail,... More