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.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTCT:
