Somewhat Positive Press Coverage Somewhat Unlikely to Impact Forescout Technologies (FSCT) Stock Price
News stories about Forescout Technologies (NASDAQ:FSCT) have been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Forescout Technologies earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.0997997489108 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Forescout Technologies Inc to Post Q1 2019 Earnings of ($0.26) Per Share, KeyCorp Forecasts (FSCT) (americanbankingnews.com)
- Morgan Stanley Boosts Forescout Technologies (FSCT) Price Target to $31.00 (americanbankingnews.com)
- Forescout Technologies (FSCT) Earns “Buy” Rating from Bank of America (americanbankingnews.com)
- ForeScout Technologies Reports Fourth Quarter and Full Year 2017 Financial Results (finance.yahoo.com)
- ForeScout reports 4Q loss (finance.yahoo.com)
Several research analysts have weighed in on FSCT shares. UBS Group started coverage on shares of Forescout Technologies in a research note on Monday, November 20th. They issued a “buy” rating and a $30.00 price objective on the stock. Bank of America reiterated a “buy” rating and issued a $35.00 price objective (up previously from $30.00) on shares of Forescout Technologies in a research note on Thursday, December 28th. They noted that the move was a valuation call. Morgan Stanley started coverage on shares of Forescout Technologies in a research note on Tuesday, November 21st. They issued an “equal weight” rating and a $27.00 price objective on the stock. KeyCorp started coverage on shares of Forescout Technologies in a research note on Tuesday, November 21st. They issued an “overweight” rating and a $34.00 price objective on the stock. Finally, Citigroup started coverage on shares of Forescout Technologies in a research note on Tuesday, November 21st. They set a “neutral” rating and a $27.00 price target on the stock. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $31.83.
Forescout Technologies (NASDAQ:FSCT) last announced its quarterly earnings results on Thursday, December 7th. The company reported ($1.17) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.33) by $0.16. equities research analysts forecast that Forescout Technologies will post -1.17 earnings per share for the current fiscal year.
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About Forescout Technologies
ForeScout Technologies, Inc is a United States-based provider of automated security control solutions. The Company transforms security through visibility. It offers enterprises and government organizations the ability to see devices, including non-traditional devices, the instant they connect to the network.
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