Analyst Piling Into SolarWinds After Quiet Period (SWI)

Apps & Software

Published: June 29, 2009 7:48 am

Last Updated: March 10, 2020 5:31 pm

SolarWinds, Inc. (NYSE: SWI) is indicated up this morning. The recent IPO’s quiet period by analysts has ended and the initiations of new coverage looks positive on the surface. Since its IPO, shares have traded in a range of $12.70 to $15.96 and shares closed at $15.15 on Friday.

The initiation are as follows:

Overweight at JP Morgan with a $19 target
Overweight at Thomas Weisel with a $16.00 target
Buy at Goldman Sachs with an $18 target
Buy at Jefferies with $17 target
Buy at Ladenberg Thalmann.

As a reminder, SolarWinds is involved in enterprise-class network management software for network professionals and other information technology professionals rather than being tied to solar or wind energy as the name might lead you to believe.

The good news for the company is that the ratings are all positive on the surface. But the upside targets are not the most robust. Those targets can always be lifted down the road.

Jon C. Ogg
June 29, 2009

Cash Back Credit Cards Have Never Been This Good

Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.