Attunity Ltd (ATTU) Receives Average Rating of “Buy” from Brokerages
Shares of Attunity Ltd (NASDAQ:ATTU) have been given an average rating of “Buy” by the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $25.00.
A number of equities analysts have recently weighed in on ATTU shares. Zacks Investment Research upgraded Attunity from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a report on Tuesday, March 19th. Roth Capital cut Attunity from a “buy” rating to a “neutral” rating in a report on Thursday, February 21st. BidaskClub cut Attunity from a “strong-buy” rating to a “buy” rating in a report on Monday, February 4th. Craig Hallum cut Attunity from a “buy” rating to a “hold” rating in a report on Thursday, January 31st. Finally, ValuEngine cut Attunity from a “strong-buy” rating to a “buy” rating in a report on Friday, March 1st.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN purchased a new stake in Attunity during the 3rd quarter valued at about $120,000. Bank of New York Mellon Corp purchased a new stake in Attunity during the 3rd quarter valued at about $676,000. BlackRock Inc. grew its position in Attunity by 600.5% during the 3rd quarter. BlackRock Inc. now owns 47,345 shares of the technology company’s stock valued at $894,000 after purchasing an additional 40,586 shares during the last quarter. JPMorgan Chase & Co. grew its position in Attunity by 29.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 169,686 shares of the technology company’s stock valued at $3,205,000 after purchasing an additional 38,246 shares during the last quarter. Finally, Morgan Stanley grew its position in Attunity by 13,631.7% during the 3rd quarter. Morgan Stanley now owns 213,116 shares of the technology company’s stock valued at $4,025,000 after purchasing an additional 211,564 shares during the last quarter. 53.47% of the stock is currently owned by hedge funds and other institutional investors.
Attunity Company Profile
Attunity Ltd., together with its subsidiaries, develops, markets, sells, and supports data integration and Big Data management software solutions worldwide. It offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for data usage analytics in Big Data environments.
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