Form 10-Q NEW RELIC, INC. For: Jun 30
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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
