Netskope (NASDAQ:NTSK) Research Coverage Started at BMO Capital Markets

BMO Capital Markets began coverage on shares of Netskope (NASDAQ:NTSK) in a research report released on Monday, MarketBeat reports. The firm issued an outperform rating and a $26.00 price target on the stock.

Several other brokerages have also recently issued reports on NTSK. Cowen started coverage on shares of Netskope in a research note on Monday. They set a “buy” rating on the stock. JMP Securities initiated coverage on shares of Netskope in a research report on Monday. They set a “market outperform” rating and a $27.00 price target on the stock. Piper Sandler assumed coverage on shares of Netskope in a report on Monday. They issued an “overweight” rating and a $28.00 price objective for the company. Royal Bank Of Canada started coverage on Netskope in a report on Monday. They set an “outperform” rating and a $26.00 target price on the stock. Finally, KeyCorp began coverage on Netskope in a report on Monday. They issued an “overweight” rating and a $27.00 price target for the company. Sixteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Netskope presently has a consensus rating of “Buy” and a consensus target price of $26.94.

Netskope Stock Performance

NASDAQ NTSK opened at $22.86 on Monday. Netskope has a 1-year low of $21.00 and a 1-year high of $27.99.

Insider Buying and Selling at Netskope

In other news, Director William J.G. Griffith purchased 2,000,000 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was acquired at an average price of $19.00 per share, with a total value of $38,000,000.00. Following the purchase, the director directly owned 11,238,175 shares in the company, valued at approximately $213,525,325. This represents a 21.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

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.