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Credit Suisse Sticks to Their Hold Rating for Medallia Inc

Investing.com
·1-min read


Credit Suisse (SIX:CSGN) analyst Brad Zelnick maintained a Hold rating on Medallia (NYSE:MDLA) Inc on Wednesday, setting a price target of $22, which is approximately 10.82% below the present share price of $24.67.

Zelnick expects Medallia Inc to post earnings per share (EPS) of -$0.25 for the second quarter of 2020.

The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Medallia, with an average price target of $32.13.
The analysts price targets range from a high of $35 to a low of $28.

In its latest earnings report, released on 01/31/2020, the company reported a quarterly revenue of $110.1 million and a net profit of -$32.77 million. The company's market cap is $3.41 billion.

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According to TipRanks.com, Credit Suisse analyst Brad Zelnick is a 5-star analyst with an average return of 17.7% and a 74.3% success rate.

Medallia, Inc. provides customer experience management software. Its products include B2C Customer, B2B Customer, Employee and Product Experiences. The company was founded by Borge Hald and Amy Pressman in 2001 and is headquartered in San Francisco, CA.