What is Needham's price target for NEWR?

Needham's latest stated price target for New Relic Inc. (NEWR) is $78, from its action on Mar 2, 2022.

What is Needham's rating on NEWR?

Needham rates NEWR Hold, a neutral rating, as of May 13, 2022.

When did Needham last change its view on NEWR?

On May 13, 2022, Needham downgrades to Hold from Buy.

Needham NEWR price target and rating history

Needham rates New Relic Inc. (NEWR) Hold with a $78 price target, as of its latest action on May 13, 2022. It has published 5 rating actions on NEWR since August 2021, including 0 upgrades and 1 downgrade.

Current rating: Hold
Price target: $78
Median target, all firms: Too few
Actions on NEWR: 5

Needham price target on NEWR

Needham price target on NEWR, each point a stated target, August 2021 to March 2022.

Every Needham rating on NEWR

May 13, 2022
DowngradeNeedham downgrades to Hold from Buy
Mar 2, 2022
ReiterateNeedham cuts its price target to $78 from $100, keeps Buy
Feb 9, 2022
ReiterateNeedham cuts its price target to $100 from $131, keeps Buy
Nov 9, 2021
ReiterateNeedham raises its price target to $131 from $84, keeps Buy
Aug 4, 2021
ReiterateNeedham raises its price target to $84 from $78, keeps Buy

Questions about Needham and NEWR

What is Needham's price target for NEWR?: Needham's latest stated price target for New Relic Inc. (NEWR) is $78, from its action on Mar 2, 2022.
What is Needham's rating on NEWR?: Needham rates NEWR Hold, a neutral rating, as of May 13, 2022.
When did Needham last change its view on NEWR?: On May 13, 2022, Needham downgrades to Hold from Buy.

More NEWR rating histories

All Needham ratings NEWR news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.