NetScout price target raised to $31 from $26 at RBC Capital

RBC Capital raised the firm’s price target on NetScout (NTCT) to $31 from $26 and keeps a Sector Perform rating on the shares. The company’s Q2 results were solid vs. expectations, with top and bottom-line results coming in ahead of estimates, the analyst tells investors in a research note. Performance was driven by acceleration of Fed orders expected in the second half of FY26 and earlier maintenance renewals, the firm added.