NetScout Systems (NTCT) : Zacks Investment Research ranks NetScout Systems (NTCT) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.63, which indicates as a Buy.
NetScout Systems (NTCT) : The most positive equity analysts on NetScout Systems (NTCT) expects the shares to touch $36, whereas, the least positive believes that the stock will trade at $24 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $31 with an expected fluctuation of $4 from the mean.
Shares of NetScout Systems, Inc. rose by 4.03% in the last five trading days and 18.99% for the last 4 weeks. NetScout Systems, Inc. is up 25% in the last 3-month period. Year-to-Date the stock performance stands at -3.26%. NetScout Systems (NASDAQ:NTCT): stock turned positive on Tuesday. Though the stock opened at $29.09, the bulls momentum made the stock top out at $29.71 level for the day. The stock recorded a low of $29.09 and closed the trading day at $29.7, in the green by 2.24%. The total traded volume for the day was 800,928. The stock had closed at $29.05 in the previous days trading.
NetScout Systems, Inc. is a provider of network, application and service assurance solutions. The Company provides performance analytics that help enterprise, government and service provider customers manage service delivery and identify emerging performance problems. The Company designs, develops, manufactures, markets, licenses, sells and supports the products in hardware and software solutions that are used by commercial enterprises, governmental agencies and telecommunication service providers. The Company has three primary customer groups; enterprise customers, service provider customers and government customers. The Companys products include nGeniusONE Service Assurance Solution, nGenius Intelligent Data Sources, nGenius Packet Flow Switches and Taps, NetScout Test Optimization Products and nGenius NetFlow Solutions.