Medallia (NASDAQ:MDLA) Given $43.00 Consensus Price Target by Brokerages
Shares of Medallia (NASDAQ:MDLA) have earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a one year consensus price target of $43.00 for the company and are predicting that the company will post ($0.02) EPS for the current quarter, according to Zacks. Zacks has also given Medallia an industry rank of 76 out of 256 based on the ratings given to its competitors.
Separately, Stifel Nicolaus downgraded Viveve Medical from a “buy” rating to a “hold” rating and cut their price target for the company from $3.00 to $1.00 in a report on Monday, July 22nd.
In other news, Director Borge Hald sold 1,765,000 shares of Medallia stock in a transaction on Tuesday, July 23rd. The stock was sold at an average price of $19.53, for a total value of $34,470,450.00. The sale was disclosed in a filing with the SEC, which is available through this link.
Medallia, Inc provides an enterprise Software-as-a-Service platform in North America, Europe, the Middle East, Africa, and internationally. The company's platform utilizes deep learning-based artificial intelligence technology to analyze structured and unstructured data from signal fields in human, digital, and Internet of Things interactions.
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