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Pivotal Software’s Valuation Correction

January 14th, 2019 · No Comments

  • The shares have declined pretty sharply after the last two quarterly figures, despite exceeding expectations in both.
  • We think this is mostly driven by valuation concerns, although market circumstances and the end of a lock-up period also played a role.
  • While still no real bargain, the shares are much cheaper now and would offer an opportunity under better market conditions.

Source: Pivotal Software’s Valuation Correction – Pivotal Software (NYSE:PVTL) | Seeking Alpha

Tags: PVTL