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Stock impact report

NetScout (NTCT) Poised to Ride the AI Wave in Cybersecurity, Say Analysts [Yahoo! Finance]

NetScout Systems, Inc. (NTCT) 
Last netscout systems, inc. earnings: 1/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.netscout.com
Company Research Source: Yahoo! Finance
26, analysts at B.Riley reiterated that the company is well-positioned to capitalize on the emergence of artificial intelligence in its network monitoring and network security markets. Consequently, the firm reiterated a Buy rating as analyst Erik Suppiger set a $33 price target. NetScout (NTCT) Poised to Ride the AI Wave in Cybersecurity, Say Analysts According to the research firm, NetScout's proprietary technology sets it apart in the network security market. The sentiments stem from its network monitoring solutions becoming increasingly popular for observability and AI operations. As more threat actors create and distribute denial-of-service attacks leveraging AI, NetScout is well-positioned to capitalize on its arsenal of network security solutions. In addition, the research firm highlighted the company's profitability, cash generation capabilities, and substantial cash reserves as key reasons supporting the Buy thesis. While the stock has underperformed other cybersecurity Show less Read more
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