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N-able price target lowered to $10 from $12 at RBC Capital

N-able price target lowered to $10 from $12 at RBC Capital

RBC Capital lowered the firm’s price target on N-able (NABL) to $10 from $12 and keeps an Outperform rating on the shares. The company’s Q4 revenue growth was above expectations, but its 2025 outlook was “lower”, the analyst tells investors in a research note. The outlook is better than at first look however, with impact from FX, the long-term contract initiative, conservatism and prudence around Adlumin, RBC added.

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