Analysts Offer Insights on Technology Companies: Netscout Systems (NTCT), Mitek Systems (MITK) and Rapid7 (RPD)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Netscout Systems (NTCT – Research Report), Mitek Systems (MITK – Research Report) and Rapid7 (RPD – Research Report).
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Netscout Systems (NTCT)
In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Hold rating on Netscout Systems, with a price target of $21.00. The company’s shares closed last Thursday at $21.28.
According to TipRanks.com, Hedberg is a top 100 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Netscout Systems with a $21.00 average price target, a -1.9% downside from current levels. In a report issued on July 25, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $22.50 price target.
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Mitek Systems (MITK)
In a report released today, Jake Roberge from William Blair maintained a Buy rating on Mitek Systems. The company’s shares closed last Thursday at $9.13.
According to TipRanks.com, Roberge has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Mitek Systems is a Strong Buy with an average price target of $13.33, implying a 45.5% upside from current levels. In a report issued on July 29, TR | OpenAI – 4o also upgraded the stock to Buy with a $10.50 price target.
Rapid7 (RPD)
Piper Sandler analyst Rob Owens maintained a Hold rating on Rapid7 today and set a price target of $30.00. The company’s shares closed last Thursday at $19.82.
According to TipRanks.com, Owens is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Rapid7 with a $28.76 average price target, a 41.8% upside from current levels. In a report issued on August 4, J.P. Morgan also maintained a Hold rating on the stock with a $23.00 price target.
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