Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Netscout Systems (NTCT – Research Report), Kratos Defense (KTOS – Research Report) and Dropbox (DBX – Research Report).
Netscout Systems (NTCT)
In a report issued on August 4, Matthew Hedberg from RBC Capital maintained a Hold rating on Netscout Systems, with a price target of $36.00. The company’s shares closed last Friday at $33.79.
According to TipRanks.com, Hedberg ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on Netscout Systems is a Moderate Sell with an average price target of $33.00.
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Kratos Defense (KTOS)
In a report issued on August 4, Kenneth Herbert from RBC Capital maintained a Buy rating on Kratos Defense, with a price target of $24.00. The company’s shares closed last Friday at $14.89.
According to TipRanks.com, Herbert is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kratos Defense with a $21.29 average price target, representing a 41.9% upside. In a report issued on July 26, Canaccord Genuity also maintained a Buy rating on the stock with a $23.00 price target.
Dropbox (DBX)
In a report issued on August 4, Rishi Jaluria from RBC Capital maintained a Buy rating on Dropbox, with a price target of $30.00. The company’s shares closed last Friday at $23.55.
According to TipRanks.com, Jaluria is a 3-star analyst with an average return of
Dropbox has an analyst consensus of Strong Buy, with a price target consensus of $31.25, which is a 32.0% upside from current levels. In a report issued on July 26, Jefferies also maintained a Buy rating on the stock with a $30.00 price target.
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