Netscout Systems Receives a Hold from D.A. Davidson


In a report released today, Mark Kelleher from D.A. Davidson maintained a Hold rating on Netscout Systems (NASDAQ: NTCT). The company’s shares closed on Friday at $26.45.

According to TipRanks.com, Kelleher is a 3-star analyst with an average return of 4.5% and a 52.4% success rate. Kelleher covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Applied Optoelectronics, and Acacia Communications.

Netscout Systems has an analyst consensus of Moderate Buy, with a price target consensus of $32.

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Netscout Systems’ market cap is currently $2.31B and has a P/E ratio of 28.75. The company has a Price to Book ratio of 0.99.

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NetScout Systems, Inc. offers application and network performance management solutions to enterprises and service provider organizations for business and mobile services. It also delivers packet-flow technology that provides real-time network and application performance intelligence for the network, applications and users.

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