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Fly News Breaks for January 11, 2018
NTCT
Jan 11, 2018 | 09:28 EDT
RBC Capital analyst Matthew Hedberg lowered his price target on NetScout to $27 after the company's below-consensus FY18 outlook and soft Q3 guidance. The analyst says the service provider spending in North America remains under "significant pressure", and weakness is expected to carry over into Q4 and possibly FY19. Hedberg keeps his Sector Perform rating on NetScout.
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