PVTL (17.84) Pivotal Software on the cutting edge
William Blair analyst Bhavan Suri said Pivotal is on the cutting edge of the cloud computing industry.
“We see significant opportunity given a surge in cloud-native spending, Pivotal’s attractive subscription-based financial model, compelling unit economics, and a well-defined path to profitability,” Zelnick wrote.
- William Blair has an Outperform rating.
- Morgan Stanley has an Overweight rating and $24 target.
- KeyBanc has an Overweight rating and $24 target.
- Credit Suisse has an Outperform rating and $22 target.
At time of publication, Pivotal Software shares were trading around $19.25.