Netgear, Inc. (NTGR) Tops Q2 EPS by 32c, Revenues Beat

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NETGEAR (NTGR) PT Raised to $45 at BWS Financial; Well Positioned Due to Current Sales and Large Demand

July 23, 2020 9:46 AM EDT

BWS Financial analyst Hamed Khorsand raised the price target on NETGEAR (NASDAQ: NTGR) to $45.00 while maintaining a Buy rating citing COVID pandemic, channel inventory, the current sales cycle, and robust demand.

The analyst stated "The demand for Wi-Fi routers was stronger than we... More