Evercore ISI Sees 51% Upside In This Software Technology Company
Evercore ISI analyst Kirk Materne upgraded Qualtrics International Inc (NASDAQ:XM) to Outperform from In-Line with a $40 price target, suggesting an upside of 51.63%. The recent pullback in the shares creates a more attractive risk/reward when taking a 6-12 month view, Materne notes. The analyst believes Qualtrics is well-positioned to benefit from a "strong demand…
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