Forescout Technologies (NASDAQ:FSCT) had its price objective upped by equities researchers at Bank of America from $35.00 to $36.00 in a report released on Thursday. The firm presently has a “buy” rating on the stock. Bank of America’s target price would indicate a potential upside of 27.84% from the stock’s previous close.

FSCT has been the subject of a number of other research reports. UBS Group set a $30.00 target price on shares of Forescout Technologies and gave the stock a “buy” rating in a research report on Friday, December 8th. Morgan Stanley initiated coverage on shares of Forescout Technologies in a research report on Tuesday, November 21st. They set an “equal weight” rating and a $27.00 target price for the company. Citigroup initiated coverage on shares of Forescout Technologies in a research report on Tuesday, November 21st. They set a “neutral” rating and a $27.00 target price for the company. KeyCorp initiated coverage on shares of Forescout Technologies in a research report on Tuesday, November 21st. They set an “overweight” rating and a $34.00 target price for the company. Finally, JPMorgan Chase & Co. began coverage on shares of Forescout Technologies in a research report on Tuesday, November 21st. They set an “overweight” rating and a $33.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $31.83.

Shares of Forescout Technologies (FSCT) opened at $28.16 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of -0.05. Forescout Technologies has a 1 year low of $21.56 and a 1 year high of $35.00.

Forescout Technologies (NASDAQ:FSCT) last announced its earnings results on Thursday, December 7th. The company reported ($1.17) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.33) by $0.16. sell-side analysts expect that Forescout Technologies will post -1.17 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Gilder Gagnon Howe & Co. LLC acquired a new stake in Forescout Technologies in the 4th quarter valued at about $20,081,000. BlackRock Inc. acquired a new stake in Forescout Technologies in the 4th quarter valued at about $14,708,000. Emerald Advisers Inc. PA acquired a new stake in Forescout Technologies in the 4th quarter valued at about $11,318,000. Wells Fargo & Company MN acquired a new stake in Forescout Technologies in the 4th quarter valued at about $4,279,000. Finally, UBS Asset Management Americas Inc. acquired a new stake in Forescout Technologies in the 4th quarter valued at about $1,116,000. Hedge funds and other institutional investors own 1.32% of the company’s stock.

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Forescout Technologies Company Profile

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.

Analyst Recommendations for Forescout Technologies (NASDAQ:FSCT)

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