IronNet (IRNT) Initiated with a Buy at Needham

By Carrie Williams

IronNet (IRNTResearch Report) received a Buy rating and a $29.00 price target from Needham analyst Mike Cikos today. The company’s shares closed last Friday at $25.76.

According to TipRanks.com, Cikos is a 4-star analyst with an average return of 44.9% and a 50.0% success rate. Cikos covers the Technology sector, focusing on stocks such as Ping Identity Holding, Cognyte Software, and Tenable Holdings.

Currently, the analyst consensus on IronNet is a Moderate Buy with an average price target of $29.00.

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