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Netskope price target lowered to $17 from $22 at BTIG

BTIG analyst Gray Powell lowered the firm’s price target on Netskope (NTSK) to $17 from $22 and keeps a Buy rating on the shares. The company’s Q4 headline metrics were “fine” but many on the Buy side were expecting more, the analyst tells investors in a research note. The conservative nature of the company’s forward outlook is also driving the debate on the stock, the firm adds.

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