In a report released on January 9, Matthew Hedberg from RBC Capital maintained a Hold rating on Netscout Systems (NTCT – Research Report), with a price target of $36.00. The company’s shares closed yesterday at $31.96.
Hedberg covers the Technology sector, focusing on stocks such as PTC, Okta, and Elastic. According to TipRanks, Hedberg has an average return of -4.4% and a 36.62% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Netscout Systems with a $36.00 average price target.
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The company has a one-year high of $38.02 and a one-year low of $28.69. Currently, Netscout Systems has an average volume of 484.5K.
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NetScout Systems, Inc. engages in the provision of application and network performance management solutions. Its integrated hardware and software solutions are used by commercial enterprises, governmental agencies and telecommunication service providers. The company was founded by Anil K. Singhal and Narendra Popat in June 1984 and is headquartered in Westford, MA.
