JPMorgan Upgrades New Relic (NEWR) to Overweight
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Price: $86.99 --0%
Rating Summary:
8 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
8 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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JPMorgan analyst Sterling Auty upgraded New Relic (NYSE: NEWR) from Neutral to Overweight with a price target of $105.00.
The analyst says digital transformation is a top priority across many industries and he believes the company is well-positioned to take advantage of mission-critical applications.
For an analyst ratings summary and ratings history on New Relic click here. For more ratings news on New Relic click here.
Shares of New Relic closed at $87.24 yesterday.
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