New Relic Announces First Quarter Fiscal Year 2021 Results
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New Relic (NEWR) PT Lowered to $65 at Cowen
August 5, 2020 7:00 AM EDTCowen analyst J. Derrick Wood lowered the price target on New Relic (NYSE: NEWR) to $65.00 (from $72.00) while maintaining a Market Perform rating.
The analyst commented, "NEWR reported a mixed 1Q w/ ARR growth of 14% in-line but weak net retention rates (record... More
New Relic (NEWR) PT Lowered to $77 at Needham & Company
August 5, 2020 6:58 AM EDTNeedham & Company analyst Jack Andrews lowered the price target on New Relic (NYSE: NEWR) to $77.00 (from $79.00) while maintaining a Buy rating.
The analyst commented, "NEWR reported mixed 1QFY21 results as revenue and EPS beat consensus, but commentary around recent pricing/packaging changes imply increased... More
New Relic (NEWR) Tops Q1 EPS by 12c
August 4, 2020 4:37 PM EDTNew Relic (NYSE: NEWR) reported Q1 EPS of $0.15, $0.12 better than the analyst estimate of $0.03. Revenue for the quarter came in at $163 million versus the consensus estimate of $159.4 million.
Last week, we delivered the latest iteration of New Relic One, simplifying our full observability... More
