Credit Suisse Downgrades New Relic (NEWR) to Neutral

August 1, 2023 12:44 AM EDT
Get Alerts NEWR Hot Sheet
Price: $86.99 --0%

Rating Summary:
    8 Buy, 18 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 12 | New: 50
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Credit Suisse analyst Fred Lee downgraded New Relic (NYSE: NEWR) from Outperform to Neutral with a price target of $87.00 (from $113.00).

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 $83.98 yesterday.

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