Tintri (TNTR) Stock Rating Reaffirmed by KeyCorp
Tintri (NASDAQ:TNTR)‘s stock had its “equal weight” rating reissued by KeyCorp in a research note issued on Friday.
Several other research firms have also commented on TNTR. Morgan Stanley lowered shares of Tintri from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $10.00 to $6.00 in a research note on Wednesday, August 23rd. Bank of America lowered shares of Tintri from a “neutral” rating to an “underperform” rating and set a $5.00 price objective on the stock. in a research note on Thursday. Piper Jaffray Companies reissued a “hold” rating and set a $8.50 price objective on shares of Tintri in a research note on Friday, September 1st. Raymond James Financial reiterated an “underperform” rating and issued a $9.00 target price on shares of Tintri in a research note on Wednesday, September 20th. Finally, UBS downgraded shares of Tintri from an “outperform” rating to an “underperform” rating in a research note on Wednesday, September 20th. Three investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Tintri currently has a consensus rating of “Hold” and an average target price of $7.92.
Shares of Tintri (NASDAQ TNTR) opened at $5.41 on Friday. Tintri has a 52 week low of $2.78 and a 52 week high of $7.75. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of -1.02.
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Tintri, Inc is a United States-based company. The Company is engaged in the business of storage management solutions. The Company offers a range of products, including Tintri all-flash array, Tintri hybrid-flash array, Tintri Global Center (TGC), Tintri Analytics, Tintri Storage Software. The Company’s solutions include cloud, desktops, database system and servers, Data protection and disaster recovery and DevOps.
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