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Fly News Breaks for November 27, 2019
SAIL
Nov 27, 2019 | 09:12 EDT
SunTrust analyst Joel Fishbein raised his price target on SailPoint to $32 and kept his Buy rating, saying he expects the stock to continue outperforming given the company's "integral role of identity in the modern security stack". The analyst cites SailPoint's recent Q3 earnings beat, its hiring of a new Chief Revenue Officer, and his maintained "enthusiasm about the company's investments in cloud identity platform, including the recent acquisitions of Orkus and OverWatchID."
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