Jefferies analyst John DiFucci says SailPoint Technologies reported revenue and profitability for Q4 above Street estimates when adjusting for the accounting changes. The company's Q1 and 2019 guidance were in line and imply 19% total revenue growth for 2019, which the analyst views as "prudent and conservative." He continues to view SailPoint as a leader in the identity governance space and believes the company has "multiple growth avenues in the enterprise and mid-market ahead of it." DiFucci raised his price target for the shares to $35 from $34 and keeps a Buy rating on SailPoint.