Netsuite (N) Tops Q1 EPS by 4c, Sales Beat

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NetSuite (N) PT Lowered at Northland Capital Markets But Bullish Rating Reiterated Following Solid Q1

April 29, 2014 11:40 AM EDT

Northland Capital Markets analyst Scott Berg cut his price target on NetSuite (NYSE: N) to $100.00 (from $125.00) but maintained an Outperform rating following better than expected revenue, EPS, and billings growth in 1Q while benefiting from its market dominant position in Cloud-based ERP... More