A report from Wunderlich Securities reiterates its Hold rating and raises its price target from $13 to $16 on Netscout Stystems NTCT.
The report states, “. Results were reported before the open yesterday and shares responded efficiently, in our opinion. We are raising our estimates and, with the increase, elevating our 12-month price target to $16 from $13. With 19.9% appreciation in the session following the report, shares are already almost at our target”.
NTCT closed yesterday at $15.87.
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