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Analysts raise Pivotal targets after earnings

Mar. 15, 2019 9:04 AM ETPivotal Software, Inc. (PVTL) StockPVTLBy: Brandy Betz, SA News Editor8 Comments
  • Morgan Stanley raises its Pivotal Software (NYSE:PVTL) price target from $24 to $26 after earnings.
  • The firm cites expansion rates, billings, and revenue outlook pointing to "a large opportunity ahead."
  • Rating maintained at Overweight.
  • RBC Capital shifts from $25 to $27 and remains constructive on Pivotal's opportunity and valuation, noting billings and revenue growth plus the subscription outlook.
  • Rating maintained at Outperform.
  • Pivotal Software shares are down 4.7% pre-market to $21.34.

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