BMO Capital Markets Begins Coverage on Qualtrics International (NYSE:XM)

Investment analysts at BMO Capital Markets started coverage on shares of Qualtrics International (NYSE:XM) in a research report issued on Tuesday, Briefing.com reports. The brokerage set a “market perform” rating and a $52.00 price target on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 14.04% from the company’s current price.

Several other research analysts also recently commented on XM. Deutsche Bank Aktiengesellschaft started coverage on Qualtrics International in a report on Monday. They issued a “buy” rating and a $56.00 target price on the stock. Barclays started coverage on Qualtrics International in a report on Tuesday. They set an “equal weight” rating and a $45.00 price objective on the stock. Bank of America started coverage on Qualtrics International in a research note on Tuesday. They issued a “neutral” rating and a $50.00 price target on the stock. Piper Sandler started coverage on Qualtrics International in a research note on Tuesday. They issued a “neutral” rating and a $49.00 price target on the stock. Finally, William Blair started coverage on Qualtrics International in a research note on Monday. They issued an “outperform” rating on the stock. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Qualtrics International has a consensus rating of “Hold” and a consensus target price of $50.83.

Shares of XM opened at $45.60 on Tuesday. Qualtrics International has a one year low of $41.08 and a one year high of $57.28.

About Qualtrics International

Qualtrics International Inc provides an experience management platform for organizations to design, manage, and improve customer, employee, product, and brand experiences of businesses. The company offers Qualtrics XM Platform, a system of action that allows organizations to design new breakthrough experiences; a continuously improve broken experiences through identifying issues, addressing the root cause, and then overhauling processes before they manifest as lower trending satisfaction scores.

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