Analyst: Software Stock Ripe for 'Best-in-Class Growth'

SailPoint Inc (NASDAQ:SAIL) stock is up 5.3% to trade at $19.95 at last check, after an upgrade at J.P. Morgan Securities to "overweight" from "neutral." The analyst in coverage cited the artificial intelligence (AI)-driven identity security name's potential for best-in-class growth, higher margins, and improved free cash flow. The majority of analysts were already bullish on SAIL coming into today, with 11 of the 17 in coverage sporting a "buy" or better rating. Additionally, the 12-month consensus target ...