RBC Capital Reiterates Sector Perform on New Relic, Maintains $75 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Rishi Jaluria reiterated a Sector Perform rating on New Relic (NYSE:NEWR) and maintained a $75 price target.

May 18, 2023 | 1:21 pm
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RBC Capital analyst Rishi Jaluria reiterated a Sector Perform rating on New Relic and maintained a $75 price target.
The news is directly related to New Relic (NEWR) as RBC Capital analyst Rishi Jaluria reiterated a Sector Perform rating and maintained a $75 price target. This indicates that the analyst's view on the stock remains unchanged, which is likely to have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100