Tag Archives: ntgr

Not Shy With WiFi, Netgear Stock Flies High With IoT

On an upgraded product line and an upgraded Wall Street price target, Netgear (NTGR) stock gained altitude again on Tuesday. Netgear stock rose as much as 2.7% to 44.35, near its all-time closing high of 44.48 just set Nov. 6. Shares closed up a fraction, at 43.55, and are up more than 50% since Oct. 1. RBC Capital analyst Mark Sue late Monday raised his price target on Netgear stock to 42 from 36 and maintained his sector perform rating. “Netgear

Cisco, NetGear Flex Their Networking Muscles

Two networking companies flexed their muscles in varying forms Tuesday as industry giant Cisco Systems (CSCO) said it would spend nearly a half billion dollars on another amid a series of acquisitions, and NetGear (NTGR) shares continued to soar after an analyst recommended that investors buy the suddenly burgeoning stock. Cisco said Tuesday that it intends to buy security analytics software firm Lancope, a privately held company based in