Open-Ended Growth Potential: Qualtrics
- March 2, 2021
The leading SaaS player in experience management market
Oppenheimer analysts recently initiated coverage of Qualtrics with an Outperform rating and a $60 price target.
By way of background, Qualtrics is now the market leader in experience management and has open-ended growth potential. Our analysts fee that it can sustain growth over a multi-year horizon at an upper echelon SaaS industry growth rate as global adoption of experience management technologies expands.
Additionally, they see Qualtrics as an attractive vehicle for investors looking to increase exposure to SaaS structural theme, invest in the experience management growth wave, and own a SaaS category leader with a strong management team.
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