UPDATE: Barclays Upgrades NETGEAR (NTGR) to Overweight; Holding Position In Europe
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Price: $20.95 -0.71%
Rating Summary:
6 Buy, 10 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
6 Buy, 10 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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(Updated - July 3, 2012 12:19 PM EDT)
Barclays upgraded NETGEAR (NASDAQ: NTGR) from Equalweight to Overweight with a price target raised from $40 to $45.
Analyst, Jeff Kvaal, thinks NTGR is positioned well in Europe versus competitors and demand has remained solid. Kvaal maintains FY12 EPS estimate at $2.95 and FY13 at $3.30.
For an analyst ratings summary and ratings history on NETGEAR click here. For more ratings news on NETGEAR click here.
Shares of NETGEAR closed at $35.15 yesterday.
Barclays upgraded NETGEAR (NASDAQ: NTGR) from Equalweight to Overweight with a price target raised from $40 to $45.
Analyst, Jeff Kvaal, thinks NTGR is positioned well in Europe versus competitors and demand has remained solid. Kvaal maintains FY12 EPS estimate at $2.95 and FY13 at $3.30.
For an analyst ratings summary and ratings history on NETGEAR click here. For more ratings news on NETGEAR click here.
Shares of NETGEAR closed at $35.15 yesterday.
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