RBC Capital analyst Matthew Hedberg maintained a Hold rating on Netscout Systems (NTCT – Research Report) on January 26 and set a price target of $36.00. The company’s shares closed yesterday at $31.87.
Hedberg covers the Technology sector, focusing on stocks such as PagerDuty, Okta, and Elastic. According to TipRanks, Hedberg has an average return of -2.9% and a 43.46% success rate on recommended stocks.
Netscout Systems has an analyst consensus of Moderate Sell, with a price target consensus of $33.00.
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NTCT market cap is currently $2.29B and has a P/E ratio of 53.15.
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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.
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