Raymond James Upgrades NETGEAR (NTGR) to Outperform
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October 27, 2015 10:31 AM EDT
Rosenblatt upgraded NETGEAR (NASDAQ: NTGR) from Sell to Buy with a price target of $47.00 on strong retail fundamentals.
Analyst Kirk Adams commented, "We are upgrading the shares of Netgear from SELL to BUY today, driven by the excellent fundamentals in the retail... More
October 22, 2015 4:44 PM EDT
Netgear, Inc. (NASDAQ: NTGR) reported Q3 EPS of $0.67, $0.16 better than the analyst estimate of $0.51. Revenue for the quarter came in at $341.9 million versus the consensus estimate of $322.14 million.
Netgear, Inc. sees Q4 2015 revenue of $335-350 million, versus the consensus of $338.26 million.
Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, "Our financial results for the third quarter of 2015 exceeded expectations, driven by... More
