A report released today by Needham about Instructure (NYSE:INST) raises the target price to $28.00
- Updated: December 1, 2016
Displaying a price of $19.55, Instructure (NYSE:INST) traded 0.26% higher on the day. With the last stock price close down -9.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $22.14 and a 200-day moving average of $21.65. 518,790 shares of INST traded hands, up from an average trading volume of 260,847
Instructure (NYSE:INST) had its target bumped up to $28.00 by Needham in an issued report announced 12/1/2016. The upped price target suggests a potential upside of 0.43% based on the company's last stock close price.
On 12/15/2015, First Analysis Sec released a statement for Instructure (NYSE:INST) increased the target price from $0.00 to $26.00 that suggested an upside of 0.37%.
Recent Performance Chart
With a total market value of $0, Instructure has with a 52 week low of $13.21 and a 52 week high of $26.92 .
In addition to Needham reporting its stock price target, a total of 8 brokers have issued a research note on Instructure. The 12-month price target is $26.13 with zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.
General Information About Instructure (NYSE:INST)
Instructure, Inc. provides cloud-based learning management platform for academic institutions and companies across the world. The Company operates in the cloud-based learning management systems segment. The Company builds its learning management applications, Canvas for the education market and Bridge for the corporate market, to enable its customers to develop, deliver and manage engaging face-to-face and online learning experiences. The Company develops software that students, teachers and employees use to help achieve their education and learning goals. Its applications develop academic and corporate learning by providing an engaging platform for instructors and learners, enabling frequent and open interactions, streamlining workflow, and allowing the creation and sharing of content. The Company's customers represent colleges, universities, K-12 school districts and companies in over 30 countries. The Company operates in the United States and Foreign.
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