Netskope (NTSK) Price Target Set at $19 by TD Cowen

TD Cowen has reaffirmed a Buy rating for Netskope, Inc. (NTSK) with a price target of $19, following a management meeting on June 18. The firm anticipates sustained annual recurring revenue acceleration into FY27. RBC Capital recently cut its price target for NTSK from $14 to $13, reporting a year-over-year ARR growth of 29%, though noting a sequential deceleration. Morgan Stanley has also adjusted its price target from $18 to $14 while stating growth is not correctly valued, reflecting a mixed outlook for NTSK.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.