National Instruments Corporation (NATI) Receives Price Target

National Instruments Corporation (NATI) : 3 Wall Street analysts covering National Instruments Corporation (NATI) believe that the average level the stock could reach for the short term is $30. The maximum price target given is $32 and the minimum target for short term is around $28, hence the standard deviation is calculated at $2.

National Instruments Corporation (NATI) : Zacks Investment Research ranks National Instruments Corporation (NATI) as 4, which is a Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 2.33, which indicates as a Buy.


Also, Equity Analysts at the Stifel Nicolaus maintains the rating on National Instruments Corporation (NASDAQ:NATI). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency lowers the price target from $33 per share to $32 per share. The rating by the firm was issued on July 28, 2016.

National Instruments Corporation (NASDAQ:NATI): The stock opened at $27.98 on Thursday but the bulls could not build on the opening and the stock topped out at $28.08 for the day. The stock traded down to $27.75 during the day, due to lack of any buying support eventually closed down at $27.84 with a loss of -0.36% for the day. The stock had closed at $27.94 on the previous day. The total traded volume was 627,490 shares.

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides a software and hardware platform for the development of systems needing measurement and control. The Company offers a line of measurement, automation and control products to work either separately, as stand-alone products or as an integrated system or as an integrated system. The Company offers volume licensing. The Company offers products, technology and services, which include system design software, programming tools, application software, hardware products and related driver software, NI education platform, software products for teaching and hardware products for teaching. The Company also offers NI Services, including hardware services and maintenance, software maintenance services and training and certification.

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