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PVTL

Pivotal Software

$18.89

-0.07 (-0.37%)

07:07
05/15/18
05/15
07:07
05/15/18
07:07

Barclays sees limited valuation upside in Pivotal Software

Barclays analyst Raimo Lenschow initiated Pivotal Software with an Equal Weight rating and $19 price target. The analyst says that while Pivotal is an "interesting play" on IT modernization and next generation software development, the current valuation offers limited upside. He believes the company's large services component "also creates a natural headwind for valuation levels."

  • 12

    Jun

PVTL Pivotal Software
$18.89

-0.07 (-0.37%)

05/15/18
LEHM
05/15/18
INITIATION
Target $19
LEHM
Equal Weight
Pivotal Software initiated with an Equal Weight at Barclays
Barclays started Pivotal Software with an Equal Weight rating and $19 price target.
05/15/18
GSCO
05/15/18
INITIATION
Target $21
GSCO
Buy
Pivotal Software initiated with Buy, $21 target at Goldman Sachs
Goldman Sachs analyst Heather Bellini initiated Pivotal Software with a Buy rating and $21 price target. The analyst views Pivotal as a well positioned modern software development platform vendor and believes it can address both applications being refactored for public cloud, as well as net new applications being built for both on-premise and cloud.
05/15/18
BOFA
05/15/18
INITIATION
Target $21
BOFA
Neutral
Pivotal Software initiated with a Neutral at BofA/Merrill
BofA/Merrill analyst Niolay Bellov initiated Pivotal Software with a Neutral and $21 price target saying its a "great" story, but shares are fairly valued.
05/15/18
WBLR
05/15/18
INITIATION
WBLR
Outperform
Pivotal Software initiated with an Outperform at William Blair
William Blair analyst Bhavan Suri started Pivotal Software with an Outperform rating.

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