Pagerduty (PD) Receives New Coverage from Analysts at JPMorgan Chase & Co.

Investment analysts at JPMorgan Chase & Co. assumed coverage on shares of Pagerduty (NYSE:PD) in a research report issued on Monday, May 6th, Marketbeat Ratings reports. The brokerage set an “overweight” rating and a $55.00 price target on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 7.00% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. Raymond James reiterated a “buy” rating and issued a $5.00 price target on shares of Pagerduty in a research report on Tuesday, March 19th. Piper Jaffray Companies assumed coverage on Pagerduty in a research report on Monday, May 6th. They issued an “overweight” rating and a $52.00 price target for the company. William Blair assumed coverage on Pagerduty in a research report on Monday, May 6th. They issued an “outperform” rating and a $36.00 price target for the company. Finally, BTIG Research assumed coverage on Pagerduty in a research report on Monday, May 6th. They issued a “neutral” rating for the company. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $40.33.

Shares of NYSE:PD traded down $0.41 during midday trading on Monday, reaching $51.40. The company had a trading volume of 234,300 shares, compared to its average volume of 464,053. Pagerduty has a 1-year low of $36.00 and a 1-year high of $58.96.

In other Pagerduty news, insider Dan Alexandru Solomon sold 342,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $22.32, for a total transaction of $7,633,440.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Pagerduty Company Profile

PagerDuty, Inc operates an On-Call Management platform. The company's platform collects signals from software-enabled system or device, correlates and interprets signals to identify events, and engages team members to take action in real time. It serves developer, IT, security, and customer support segments.

Featured Story: Insider Trading

Analyst Recommendations for Pagerduty (NYSE:PD)

Receive News & Ratings for Pagerduty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pagerduty and related companies with MarketBeat.com's FREE daily email newsletter.