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Fly News Breaks for August 13, 2018
VMW, NTCT
Aug 13, 2018 | 06:11 EDT
Piper Jaffray analyst James Fish says VMware (VMW) is now a more formidable, long-term competitor to NetScout (NTCT) after it announced the acquisition of Dell-EMC's Service Assurance Suite. The analyst, however, believes the acquisition could create near-term opportunities for NetScout to gain market share. He reiterates an Overweight rating on NetScout shares with a $31 price target.
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