Zacks Investment Research reported on NetScout Systems, Inc. (NASDAQ:NTCT), bumping its target to $33.00 earlier today
- Updated: October 2, 2016
Zacks Investment Research upped the price target of NetScout Systems, Inc. (NASDAQ:NTCT) to $33.00 indicating a possible upside of 0.13%.
Just yesterday NetScout Systems, Inc. (NASDAQ:NTCT) traded 0.90% higher at $29.11. NetScout Systems, Inc.’s 50-day moving average is $29.14 and its 200-day moving average is $24.98. The last stock price is up 17.07% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 735,498 shares of NTCT traded hands, up from an average trading volume of 638,320
Recent Performance Chart
NetScout Systems, Inc. has 52 week low of $18.77 and a 52 week high of $40.28 and has a market capitalization of $0.
Also covering NetScout Systems, Inc.'s price target, a total of 8 analysts have released a report on NetScout Systems, Inc.. The 12-month price target is $31.88 with 1 broker rating the company a strong buy, four firms rating the stock a buy, 3 analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally zero brokerages rating the company a sell.
General Company Details For NetScout Systems, Inc. (NASDAQ: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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