WalkMe Ltd. (NASDAQ:WKME) dropped 2.8% during trading on Tuesday . The stock traded as low as $28.78 and last traded at $28.85. Approximately 2,958 shares changed hands during trading, a decline of 99% from the average daily volume of 233,339 shares. The stock had previously closed at $29.69.
A number of analysts have recently weighed in on WKME shares. Morgan Stanley assumed coverage on shares of WalkMe in a research note on Monday, July 12th. They issued an “overweight” rating and a $41.00 price objective on the stock. started coverage on WalkMe in a research report on Monday, July 12th. They set a “buy” rating and a $40.00 price target on the stock. Wells Fargo & Company began coverage on WalkMe in a report on Monday, July 12th. They issued an “overweight” rating and a $40.00 price objective for the company. BMO Capital Markets initiated coverage on WalkMe in a research note on Monday, July 12th. They issued an “outperform” rating on the stock. Finally, The Goldman Sachs Group began coverage on WalkMe in a research report on Sunday, July 11th. They set a “buy” rating for the company. Ten analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of $40.29.
WalkMe Company Profile (NASDAQ:WKME)
WalkMe Ltd. provides cloud-based digital adoption platform in the United States and internationally. Its digital adoption platform enables organizations to measure, drive, and act to maximize the impact of their digital transformation and accelerate the return on their software investment. The company was formerly known as Make Tutorial Ltd.
See Also: Discover Your Risk Tolerance
Receive News & Ratings for WalkMe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WalkMe and related companies with MarketBeat.com's FREE daily email newsletter.