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NetScout Systems (NDAQ:NTCT) price target upped to $34.00, released a report earlier today by Piper Jaffray

Reporting a potential upside of 0.19%, Piper Jaffray upped the price target of NetScout Systems (NDAQ:NTCT) to $34.00

Having a price of $28.66, NetScout Systems (NDAQ:NTCT) traded 0.23% higher on the day. With the last close down -8.57% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. NTCT has recorded a 50-day average of $33.85 and a two hundred day average of $35.85. Trade Volume was down over the average, with 223,219 shares of NTCT changing hands under the typical 784,097

Recent Performance Chart

NetScout Systems (NDAQ:NTCT)

NetScout Systems has PE ratio of 166.37 with a one year low of $26.25 and a one year high of $38.48 and has a market capitalization of $0.

A total of 8 brokerages have issued a ratings update on the company. 1 brokerage rating the stock a strong buy, four equity analysts rating the company a buy, three equity analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $31.88.

General Information About NetScout Systems (NDAQ:NTCT)

NetScout Systems, Inc. (NetScout) provides operational intelligence and performance analytics for service assurance and cyber security solutions. The Company's solutions are used in various service provider, enterprise and government networks. Its nGenius and Infinistream technologies, along with certain product lines from the acquired businesses, enable information technology (IT) organizations to manage service delivery quality, and identify and address business service performance issues and security threats. The Company's manufacturing operations consist of final product assembly, configuration and testing. The Company's nGeniusONE Service Assurance Solution is used to support NetScout's enterprise, service provider and government customers. The Company's Intelligent Data Sources, marketed under the Infinistream brand, provide collection and analysis of high-volume packet-flow data from across the network that is displayed through the nGeniusONE Service Assurance Solution.

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