Morgan Stanley started coverage on shares of TINTRI INC (NASDAQ:TNTR) in a research note issued to investors on Tuesday morning, MarketBeat reports. The brokerage issued an overweight rating and a $10.00 price objective on the stock.

Other research analysts also recently issued reports about the stock. Needham & Company LLC initiated coverage on shares of TINTRI INC in a research report on Tuesday. They issued a buy rating and a $15.00 price target on the stock. Bank of America Corporation initiated coverage on shares of TINTRI INC in a research report on Tuesday. They issued a buy rating and a $16.00 price target on the stock. Piper Jaffray Companies initiated coverage on shares of TINTRI INC in a research report on Tuesday. They issued a neutral rating and a $8.50 price target on the stock. Raymond James Financial, Inc. initiated coverage on shares of TINTRI INC in a research report on Tuesday. They issued an outperform rating and a $9.00 price objective on the stock. Finally, William Blair initiated coverage on shares of TINTRI INC in a research report on Tuesday. They issued an outperform rating on the stock. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. TINTRI INC has a consensus rating of Buy and an average target price of $11.25.

Shares of TINTRI INC (NASDAQ TNTR) opened at 6.89 on Tuesday. TINTRI INC has a one year low of $6.53 and a one year high of $12.15. The stock has a 50 day moving average of $7.48 and a 200-day moving average of $7.48. The stock’s market capitalization is $212.98 million.

ILLEGAL ACTIVITY WARNING: “TINTRI INC (NASDAQ:TNTR) Now Covered by Analysts at Morgan Stanley” was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another site, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The legal version of this article can be read at https://www.watchlistnews.com/tintri-inc-nasdaqtntr-now-covered-by-analysts-at-morgan-stanley/1461317.html.

In other TINTRI INC news, major shareholder Enterprise Associates 12 New acquired 926,429 shares of the stock in a transaction dated Thursday, July 6th. The shares were bought at an average price of $7.00 per share, with a total value of $6,485,003.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Christopher J. Schaepe acquired 597,858 shares of the stock in a transaction dated Thursday, July 6th. The stock was acquired at an average cost of $7.00 per share, for a total transaction of $4,185,006.00. The disclosure for this purchase can be found here.

An institutional investor recently bought a new position in TINTRI INC stock. NEA Management Company LLC acquired a new stake in TINTRI INC (NASDAQ:TNTR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,253,358 shares of the company’s stock, valued at approximately $38,192,000. TINTRI INC makes up about 1.4% of NEA Management Company LLC’s holdings, making the stock its 15th largest position. NEA Management Company LLC owned approximately 17.00% of TINTRI INC at the end of the most recent reporting period.

TINTRI INC Company Profile

Tintri, Inc is a United States-based company. The Company is engaged in the business of storage management solutions. The Company offers a range of products, including Tintri all-flash array, Tintri hybrid-flash array, Tintri Global Center (TGC), Tintri Analytics, Tintri Storage Software. The Company’s solutions include cloud, desktops, database system and servers, Data protection and disaster recovery and DevOps.

Analyst Recommendations for TINTRI INC (NASDAQ:TNTR)

Receive News & Ratings for TINTRI INC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TINTRI INC and related companies with Analyst Ratings Network's FREE daily email newsletter.