NetScout price target raised to $25 from $22 at RBC Capital

RBC Capital raised the firm’s price target on NetScout (NTCT) to $25 from $22 and keeps a Sector Perform rating on the shares. The company’s Q3 results were strong with top- and bottom-line numbers coming in ahead of estimates and company expectations, though the outperformance in the quarter was driven by Q4 pull-in as customers exhibited a Q4 budget flush, the analyst tells investors in a research note.