Form 10-Q NEW RELIC, INC. For: Dec 31
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New Relic (NEWR) PT Lowered to $108 at Needham & Company
February 5, 2020 7:34 AM ESTNeedham & Company analyst Jack Andrews lowered the price target on New Relic (NYSE: NEWR) to $108.00 (from $110.00) while maintaining a Buy rating.
The analyst commented, "NEWR reported mixed 3QFY20 results as revenue and billings beat consensus but EPS, net dollar-based expansion, and FY20 EPS... More
