William Blair Assigns Outperform On NetSuite Shares

In a research report issued today, William Blair analyst Justin Furby assigned an Outperform rating on NetSuite Inc (NYSE:N). No price target was provided.

Furby observed, “We maintain our Outperform rating and increased our 2014 revenue estimate to $553.5 million (34% growth), up from $546 million (32% growth). Our 2014 non-GAAP EPS estimate is now $0.31, up from our prior $0.25. “

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Justin Furby has a total average return of -0.4% and a 40.0% success rate. Furby is ranked #2394 out of 3343 analysts.

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