Netskope (NASDAQ:NTSK) Now Covered by Analysts at Citizens Jmp

Citizens Jmp assumed coverage on shares of Netskope (NASDAQ:NTSK) in a research note issued to investors on Monday, MarketBeat Ratings reports. The firm issued a mkt outperform rating and a $27.00 target price on the stock.

Several other equities analysts have also recently weighed in on NTSK. Deutsche Bank Aktiengesellschaft began coverage on Netskope in a report on Monday. They set a “buy” rating and a $25.00 price target for the company. JPMorgan Chase & Co. began coverage on Netskope in a report on Monday. They set an “overweight” rating and a $26.00 price target for the company. Cowen began coverage on Netskope in a report on Monday. They set a “buy” rating for the company. Wall Street Zen upgraded Netskope to a “hold” rating in a report on Monday, September 29th. Finally, BMO Capital Markets started coverage on Netskope in a report on Monday. They issued an “outperform” rating and a $26.00 target price for the company. Sixteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $26.94.

Netskope Stock Performance

NASDAQ NTSK opened at $23.44 on Monday. Netskope has a 1-year low of $21.00 and a 1-year high of $27.99.

Insider Activity

In other Netskope news, Director William J.G. Griffith acquired 2,000,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The stock was bought at an average price of $19.00 per share, for a total transaction of $38,000,000.00. Following the acquisition, the director directly owned 11,238,175 shares in the company, valued at $213,525,325. The trade was a 21.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

About Netskope

We are redefining security and networking for the era of cloud and AI. The cloud and AI have completely revolutionized work. We are more dispersed, more productive, and more automated than ever before, and the rate of change is only accelerating. Not since the internet has there been such a transformative tectonic shift.