ForeScout Technologies, Inc. (FSCT) Tops Q4 EPS by 24c

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ForeScout Technologies (FSCT) PT Raised to $45 at FBN Securities

February 8, 2019 1:24 PM EST

FBN Securities analyst Shebly Seyrafi raised the price target on ForeScout Technologies (NASDAQ: FSCT) to $45.00 (from $40.00) while maintaining a Outperform rating.

The analyst commented, "The company reported a 9% revenue beat in FQ4 with NG EPS strongly above consensus driven by strong software growth (up ~160% Y/Y, we estimate), lower than expected opex, strong... More