PING

Ping Identity Holding Corp.

28.13
USD
-0.18%
28.13
USD
-0.18%
15.85 30.40
52 weeks
52 weeks

Mkt Cap 2.35B

Shares Out 83.58M

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Ping Shares Jump On Rating Upgrade By Stifel

analyst Adam Borg upgraded Ping Identity Holding Corp (NYSE: ) to Buy from Hold with a price target of $30, up from $25, implying an upside of 16%. Ping offers an enterprise-focused Identity and Access Management (IAM) platform, a foundational cybersecurity technology. The potential fallout from Okta Inc's (NASDAQ: OKTA) breach can be an additional positive driver for Ping. He thinks it will deliver at least 20% ARR growth in the coming periods. Price Action: PING shares traded higher by 7.14% at $25.83 on the last check Thursday. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View the Latest Analytics Ratings

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