Tintri (TNTR) PT Set at $5.00 by Piper Jaffray Companies
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.
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.
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