Shares of Tintri Inc (NASDAQ:TNTR) have earned a consensus rating of “Hold” from the nine analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $7.70.
TNTR has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Tintri from a “hold” rating to a “buy” rating and set a $5.50 target price on the stock in a research note on Wednesday, December 20th. Piper Jaffray Companies set a $5.00 target price on shares of Tintri and gave the company a “hold” rating in a research note on Thursday, December 14th. Bank of America downgraded shares of Tintri from a “neutral” rating to an “underperform” rating and set a $5.00 target price on the stock. in a research note on Thursday, December 14th. Finally, KeyCorp restated an “equal weight” rating on shares of Tintri in a research note on Friday, December 15th.
Shares of Tintri (NASDAQ:TNTR) opened at $5.84 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of -0.73. Tintri has a fifty-two week low of $2.78 and a fifty-two week high of $7.75.
Several large investors have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Tintri by 9.3% in the 4th quarter. BlackRock Inc. now owns 458,561 shares of the company’s stock valued at $2,338,000 after purchasing an additional 38,995 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Tintri in the 2nd quarter valued at $619,000. Ferris Capital LLC acquired a new stake in shares of Tintri in the 4th quarter valued at $157,000. Citadel Advisors LLC acquired a new position in Tintri during the 4th quarter worth about $150,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in Tintri during the 4th quarter worth about $102,000. Institutional investors own 61.38% of the company’s stock.
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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