Not Shy With WiFi, Netgear Stock Flies High With IoT

By | November 17, 2015

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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 Scalper1 News

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