Tintri (NASDAQ:TNTR) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Thursday. The brokerage presently has a $6.25 target price on the stock. Zacks Investment Research‘s price objective points to a potential upside of 9.27% from the stock’s previous close.

According to Zacks, “Tintri, Inc. is involved in the business of storage management solutions. The Company offers product includes Tintri all-flash array, Tintri hybrid-flash array, Tintri Global Center, Tintri Analytics, Tintri Storage Software. It also offers its products related support, installation and training services. The company serves private and public sector organizations, cloud service providers in education, financial services and insurance, healthcare, manufacturing and technology industries. Tintri, Inc. is headquartered in Mountain View, California. “

Other equities research analysts have also issued reports about the stock. KeyCorp restated an “equal weight” rating on shares of Tintri in a report on Friday, December 15th. Needham & Company LLC lowered shares of Tintri from a “buy” rating to a “hold” rating and set a $15.00 price objective on the stock. in a report on Thursday, September 21st. Piper Jaffray Companies set a $5.00 price objective on shares of Tintri and gave the company a “hold” rating in a report on Thursday, December 14th. Bank of America lowered shares of Tintri from a “neutral” rating to an “underperform” rating and set a $5.00 price objective on the stock. in a report on Thursday, December 14th. Finally, Raymond James Financial restated an “underperform” rating and issued a $9.00 price objective on shares of Tintri in a report on Wednesday, September 20th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $7.68.

Shares of Tintri (NASDAQ:TNTR) traded up $0.01 on Thursday, hitting $5.72. 88,900 shares of the stock were exchanged, compared to its average volume of 122,700. Tintri has a fifty-two week low of $2.78 and a fifty-two week high of $7.75. The firm has a market cap of $184.19 and a price-to-earnings ratio of -1.42. The company has a debt-to-equity ratio of -0.73, a current ratio of 1.04 and a quick ratio of 0.96.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Legal & General Group Plc purchased a new position in shares of Tintri in the 2nd quarter valued at $146,000. Goldman Sachs Group Inc. purchased a new position in shares of Tintri in the 2nd quarter valued at $619,000. UBS Oconnor LLC purchased a new position in shares of Tintri in the 2nd quarter valued at $1,454,000. Laurion Capital Management LP purchased a new position in shares of Tintri in the 2nd quarter valued at $2,181,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Tintri in the 2nd quarter valued at $4,725,000. 61.33% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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