KeyBanc analyst Eric Heath lowered the firm’s price target on Netskope (NTSK) to $15 from $17 and keeps an Overweight rating on the shares. The firm notes the company reported a solid Q4, though the ARR decelerated 3 points and the beat was smaller than last quarter. FY27 revenue was guided about 1 point above, though EBIT and free cash flow guided slightly below. KeyBanc expects sentiment to be muted on independent SASE vendors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTSK: