NetScout Systems Announces Participation in Upcoming Investor Conferences
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Needham & Company Raises Price Target on Netscout Systems (NTCT) Following Earnings Results
July 31, 2015 10:05 AM EDTNeedham & 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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