Latest Stocks: Mulesoft’s (MULE) Buy Rating Reiterated at Jefferies Group LLC

Latest Stocks: Mulesoft’s (MULE) Buy Rating Reiterated at Jefferies Group LLC

Jefferies Group LLC reiterated their buy rating on shares of Mulesoft Inc (NASDAQ:MULE) in a research report report published on Monday, May 15th, StockTargetPrices.com reports.

A number of other brokerages also recently commented on MULE. Canaccord Genuity initiated coverage on Mulesoft in a research report on Tuesday, April 11th. They set a hold rating and a $24.00 price objective for the company. William Blair restated an outperform rating on shares of Mulesoft in a research note on Tuesday, April 11th. Bank of America Corp began coverage on Mulesoft in a research report on Tuesday, April 11th. They issued a neutral rating and a $27.00 price objective for the company. Piper Jaffray Companies began coverage on Mulesoft in a report on Tuesday, April 11th. They issued an overweight rating and a $30.00 target price on the stock. Finally, JPMorgan Chase & Co. began coverage on Mulesoft in a report on Tuesday, April 11th. They issued a neutral rating and a $25.00 target price on the stock. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $26.00.

In related news, major shareholder Brookside Capital Partners Fun sold 10,855 shares of the stock in a transaction on Tuesday, April 4th. The stock was sold at an average price of $23.85, for a total transaction of $258,891.75. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Adage Capital Partners Gp, L.L sold 25,000 shares of the stock in a transaction on Friday, March 17th. The shares were sold at an average price of $25.06, for a total value of $626,500.00. The disclosure for this sale can be found here. Insiders sold 297,155 shares of company stock worth $6,965,843 in the last three months. Hedge funds have recently bought and sold shares of the stock. Sapphire Ventures L.L.C. bought a new stake in Mulesoft during the first quarter worth approximately $185,565,000. Cisco Systems Inc. bought a new stake in Mulesoft during the first quarter worth approximately $36,229,000. Gilder Gagnon Howe & Co. LLC bought a new stake in Mulesoft during the first quarter worth approximately $30,691,000. OZ Management LP bought a new stake in Mulesoft during the first quarter worth approximately $22,311,000. Finally, JPMorgan Chase & Co. bought a new stake in Mulesoft during the first quarter worth approximately $18,214,000.

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