Netscout Systems Gets a Hold Rating from KeyBanc

By Jason Carr

In a report released yesterday, Brandon Nispel from KeyBanc reiterated a Hold rating on Netscout Systems (NASDAQ: NTCT). The company’s shares opened today at $32.65.

According to TipRanks.com, Nispel is a 3-star analyst with an average return of 6.0% and a 64.7% success rate. Nispel covers the Technology sector, focusing on stocks such as Zayo Group Holdings, GTT Communications, and Cogent Comms.

Currently, the analyst consensus on Netscout Systems is Hold and the average price target is $35, representing a 7.2% upside.

In a report issued on October 8, RBC Capital also reiterated a Hold rating on the stock with a $35 price target.

Netscout Systems’ market cap is currently $2.93B and has a P/E ratio of 172.37. The company has a book value ratio of 1.2653.

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NetScout Systems, Inc. offers application and network performance management solutions to enterprises and service provider organizations for business and mobile services. It also delivers packet-flow technology that provides real-time network and application performance intelligence for the network, applications and users.