Tintri (NASDAQ:TNTR) received a $5.00 target price from research analysts at Piper Jaffray Companies in a research note issued on Thursday. The firm presently has a “hold” rating on the stock. Piper Jaffray Companies’ target price indicates a potential downside of 7.58% from the stock’s previous close.

A number of other research analysts also recently commented on TNTR. Morgan Stanley reiterated an “equal weight” rating and issued a $10.00 price objective on shares of Tintri in a report on Wednesday, August 23rd. Bank of America downgraded Tintri from a “buy” rating to a “neutral” rating and set a $8.00 price objective on the stock. in a report on Friday, September 8th. William Blair downgraded Tintri from an “outperform” rating to a “market perform” rating in a research note on Friday, September 8th. Needham & Company LLC dropped their price target on Tintri from $15.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, September 8th. Finally, UBS downgraded Tintri from an “outperform” rating to an “underperform” rating in a research note on Wednesday, September 20th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Tintri has a consensus rating of “Hold” and an average target price of $7.92.

Tintri (NASDAQ:TNTR) opened at $5.41 on Thursday. Tintri has a 1-year low of $2.78 and a 1-year high of $7.75. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of -1.02.

Large investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc purchased a new position in Tintri during the 2nd quarter worth approximately $146,000. Goldman Sachs Group Inc. purchased a new position in Tintri during the 2nd quarter worth approximately $619,000. UBS Oconnor LLC purchased a new position in Tintri during the 2nd quarter worth approximately $1,454,000. Laurion Capital Management LP purchased a new position in Tintri during the 2nd quarter worth approximately $2,181,000. Finally, Federated Investors Inc. PA purchased a new position in Tintri during the 2nd quarter worth approximately $2,181,000. Hedge funds and other institutional investors own 61.33% of the company’s stock.

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Tintri 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 (NASDAQ:TNTR)

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