Information Provided By:
Fly News Breaks for March 18, 2019
SWI
Mar 18, 2019 | 05:20 EDT
Goldman Sachs analyst Heather Bellini downgraded SolarWinds to Neutral from Buy with an unchanged price target of $20. The stock is up 36% year-to-date, and following the outperformance relative to the S&P 500 Index, there are opportunities for greater upside elsewhere in Software, Bellini tells investors in a research note. Further, the analyst's "blue sky analysis" shows that SolarWinds is most expensive on a growth-adjusted basis among the high growth software companies.