SolarWinds Inc (NYSE:SWI) stock is down as the company received an updated guidance.
Research analysts at Zacks gave the company a short term rating of “hold” and a rank of 3. SolarWinds has been rated an average of 1.9 by 10 Wall Street analysts.
The stock has received a near short term price target of $56.29. The higher price target estimate is at $65 while the lower price estimates are at $45.
SolarWinds is responsible for designing, developing, marketing, selling and supporting enterprise information technology (IT) and infrastructure management software to IT professionals.
SWI stock is down more than 10% in after-hours trading.
