BNP Paribas Initiates NetSuite At Underperform

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Analysts at BNP Paribas initiated coverage on
NetSuite Inc.N
with a Underperform rating. The target price for NetSuite is set to $87. NetSuite shares have dropped 10.54% over the past 52 weeks, while the S&P 500 index has surged 13.92% in the same period. NetSuite shares rose 3.44% to close at $101.72 on Friday.
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Posted In: InitiationAnalyst RatingsBNP Paribas
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