Netscout Systems (NTCT) Tops Q1 EPS by 1c

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Needham & Company Raises Price Target on Netscout Systems (NTCT) Following Earnings Results

July 31, 2015 10:05 AM EDT

Needham & Company reiterated a Buy rating on NetScout (NASDAQ: NTCT), and raised the price target to $55.00 (from $48.00), following earnings results. NetScouts $100.7m was below consensus $103m. EPS of $0.33 was narrowly above $0.32 consensus. The guidance for FY16 is $1.050-1.100B and $1.80-1.95 EPS.

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Sterne Agee CRT Upgrades NetScout (NTCT) to Buy

July 31, 2015 6:56 AM EDT

Sterne Agee CRT upgraded NetScout (NASDAQ: NTCT) from Neutral to Buy with a price target of $48.00.

For an analyst ratings summary and ratings history on NetScout click here. For more ratings news on NetScout click here.

Shares of NetScout closed at $39.49 yesterday.

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