Goldman Sachs Resumes NetSuite (N) at Buy
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Price: $90.34 --0%
Rating Summary:
7 Buy, 24 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 6 | New: 2
Rating Summary:
7 Buy, 24 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 6 | New: 2
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Goldman Sachs resumes coverage on NetSuite (NYSE: N) with a Buy. PT $52.00.
The firm sees 30% upside over the next year a investors become more confident in growth sustainability and FCF leverage with "consistently high billings growth (around 30% organically), upside to consensus, and a better appreciation for ERP adoption of SaaS solutions."
For an analyst ratings summary and ratings history on NetSuite click here. For more ratings news on NetSuite click here.
Shares of NetSuite closed at $41.64 yesterday.
The firm sees 30% upside over the next year a investors become more confident in growth sustainability and FCF leverage with "consistently high billings growth (around 30% organically), upside to consensus, and a better appreciation for ERP adoption of SaaS solutions."
For an analyst ratings summary and ratings history on NetSuite click here. For more ratings news on NetSuite click here.
Shares of NetSuite closed at $41.64 yesterday.
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