Goldman Sachs Group, Inc. (The) upgraded shares of Mulesoft Inc (NASDAQ:MULE) from a neutral rating to a buy rating in a research report report published on Monday, Marketbeat reports. The firm currently has $26.00 target price on the stock, up from their previous target price of $24.00.
Several other equities analysts have also recently weighed in on the stock. Zacks Investment Research upgraded shares of Mulesoft from a sell rating to a hold rating in a research report on Thursday, September 28th. BidaskClub cut shares of Mulesoft from a hold rating to a sell rating in a research report on Saturday, September 23rd. Oppenheimer Holdings, Inc. reiterated a hold rating on shares of Mulesoft in a research report on Monday, September 18th. Piper Jaffray Companies reiterated a buy rating and set a $27.00 price objective on shares of Mulesoft in a research report on Monday, August 14th. Finally, Barclays PLC reiterated a hold rating and set a $24.00 price objective on shares of Mulesoft in a research report on Wednesday, August 2nd. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Mulesoft presently has an average rating of Hold and an average target price of $26.00.
Shares of Mulesoft (MULE) opened at 22.72 on Monday. The stock’s 50 day moving average price is $20.97 and its 200 day moving average price is $23.04. Mulesoft has a 12-month low of $19.40 and a 12-month high of $29.00. The firm’s market cap is $2.93 billion.
ILLEGAL ACTIVITY WARNING: “Mulesoft Inc (MULE) Upgraded at Goldman Sachs Group, Inc. (The)” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another domain, it was stolen and reposted in violation of US & international copyright and trademark law. The legal version of this story can be read at https://www.com-unik.info/2017/10/12/mulesoft-inc-mule-upgraded-at-goldman-sachs-group-inc-the.html.
In other news, major shareholder Ventures Fund I. L.P. Sapphire sold 1,100,000 shares of the business’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $21.47, for a total transaction of $23,617,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Institutional investors have recently bought and sold shares of the company. Strs Ohio purchased a new position in shares of Mulesoft during the 1st quarter valued at $121,000. AO Asset Management LLC grew its holdings in shares of Mulesoft by 2.0% during the 2nd quarter. AO Asset Management LLC now owns 5,100 shares of the company’s stock valued at $127,000 after acquiring an additional 100 shares in the last quarter. Nationwide Fund Advisors purchased a new position in shares of Mulesoft during the 1st quarter valued at $146,000. SG Americas Securities LLC purchased a new position in shares of Mulesoft during the 1st quarter valued at $183,000. Finally, Point72 Asia Hong Kong Ltd purchased a new position in shares of Mulesoft during the 1st quarter valued at $242,000.
MuleSoft, Inc is engaged in providing a software platform that connects a range of technologies. The Company enables organizations to manage and secure the flow of data between all systems in the enterprise. The Company offers organizations to create agile infrastructures. The Company has developed Anypoint Platform.
What are top analysts saying about Mulesoft Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Mulesoft Inc and related companies.