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Analysts Offer Insights on Technology Companies: Netscout Systems (NTCT), Shoals Technologies Group (SHLS) and CommVault Systems (CVLT)

Tipranks - Tue Apr 14, 8:52PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Netscout Systems (NTCT), Shoals Technologies Group (SHLS) and CommVault Systems (CVLT).

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Netscout Systems (NTCT)

In a report issued on April 12, Matthew Hedberg from RBC Capital maintained a Hold rating on Netscout Systems, with a price target of $29.00. The company’s shares closed last Monday at $32.65.

According to TipRanks.com, Hedberg is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.1% and a 40.0% success rate. Hedberg covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CommVault Systems. ;'>

Netscout Systems has an analyst consensus of Moderate Buy, with a price target consensus of $32.00, a -0.2% downside from current levels. In a report issued on March 28, TipRanks – xAI also downgraded the stock to Hold with a $35.00 price target.

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Shoals Technologies Group (SHLS)

In a report issued on April 10, Chris Dendrinos from RBC Capital maintained a Buy rating on Shoals Technologies Group, with a price target of $9.00. The company’s shares closed last Monday at $6.67.

According to TipRanks.com, Dendrinos is a 5-star analyst with an average return of 53.1% and a 54.2% success rate. Dendrinos covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Array Technologies, and Enphase Energy. ;'>

Currently, the analyst consensus on Shoals Technologies Group is a Moderate Buy with an average price target of $9.67, representing a 38.7% upside. In a report issued on April 9, Barclays also maintained a Buy rating on the stock with a $9.00 price target.

CommVault Systems (CVLT)

RBC Capital analyst Dan Bergstrom maintained a Hold rating on CommVault Systems on April 12 and set a price target of $100.00. The company’s shares closed last Monday at $89.62.

According to TipRanks.com, Bergstrom is ranked #1909 out of 12179 analysts.

Currently, the analyst consensus on CommVault Systems is a Strong Buy with an average price target of $136.46, implying a 56.1% upside from current levels. In a report issued on March 30, TipRanks – DeepSeek also upgraded the stock to Hold with a $79.00 price target.

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