News headlines about Tintri (NASDAQ:TNTR) have trended somewhat negative on Tuesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tintri earned a news sentiment score of -0.03 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.9608088999309 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s analysis:
- New Tintri FlexDrive Lets Customers Expand All-Flash Storage … – Business Wire (press release) (businesswire.com)
- New Tintri FlexDrive Lets Customers Expand All-Flash Storage Capacity One Drive at a Time (finance.yahoo.com)
- Tintri’s Turnaround In Doubt, Bank Of America Turns Bearish … – Benzinga (benzinga.com)
- Jittery Investors Dive into the Technicals on Tintri Inc (TNTR) – Clawson News (clawsonnews.com)
- Tintri: The Nightmare Continues – Seeking Alpha (seekingalpha.com)
TNTR has been the subject of several analyst reports. Needham & Company LLC decreased their target price on shares of Tintri from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, September 8th. Morgan Stanley reissued an “equal weight” rating and issued a $4.50 target price (down from $6.00) on shares of Tintri in a research note on Friday, September 8th. UBS cut shares of Tintri from an “outperform” rating to an “underperform” rating in a research note on Wednesday, September 20th. Piper Jaffray Companies reissued a “neutral” rating and issued a $6.50 target price (down from $8.50) on shares of Tintri in a research note on Friday, September 8th. Finally, William Blair cut shares of Tintri from an “outperform” rating to a “market perform” rating in a research note on Friday, September 8th. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $7.92.
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Tintri, Inc is a United States-based company. The Company is engaged in the business of storage management solutions. The Company offers a range of products, including Tintri all-flash array, Tintri hybrid-flash array, Tintri Global Center (TGC), Tintri Analytics, Tintri Storage Software. The Company’s solutions include cloud, desktops, database system and servers, Data protection and disaster recovery and DevOps.
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