Research analysts at Piper Jaffray Companies started coverage on shares of SendGrid (NYSE:SEND) in a research note issued on Monday. The firm set an “overweight” rating and a $25.00 price target on the stock. Piper Jaffray Companies’ price objective indicates a potential upside of 27.88% from the stock’s current price.

SEND has been the subject of several other research reports. J P Morgan Chase & Co initiated coverage on SendGrid in a report on Monday. They issued an “overweight” rating for the company. KeyCorp assumed coverage on SendGrid in a report on Monday. They issued an “overweight” rating and a $26.00 price objective for the company. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $25.33.

Shares of SendGrid (NYSE SEND) opened at $19.55 on Monday. SendGrid has a 52 week low of $17.50 and a 52 week high of $22.21.

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SendGrid Company Profile

SendGrid, Inc provides a digital communication platform. The Company’s platform enables businesses to engage with their customers through email. It offers three services: Email application programming interface (API), marketing campaigns and Expert services. Its email API service allows developers to use its API in their preferred development framework to leverage its platform to add email functionality to their applications.

Analyst Recommendations for SendGrid (NYSE:SEND)

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