SAIL - SailPoint and Nuance shares climb after joining Wedbush's Best Ideas List
Citing the recent pullbacks during the tech rout, Wedbush analyst Daniel Ives names SailPoint (SAIL) and Nuance Communications (NUAN) to the firm's Best Ideas List due to the attractive entry point.SailPoint is reaffirmed at an Outperform rating and $80 price target. Nuance stays at Outperform and $65.SAIL shares are currently up 2.5% to $54.27. NUAN is up 2.6% to $43.47. For the week, the stocks are still down 10% and 5%, respectively.Wedbush also added Apple to the Best Ideas List, seeing the potential for a $3 trillion valuation "on the horizon."
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SailPoint and Nuance shares climb after joining Wedbush's Best Ideas List