Discontinuing Coverage

We are discontinuing coverage of NetScout Systems (NTCT) due to the wind-down of our equity research practice. As such, our prior estimates and price target should no longer be relied upon. Our final price target was $50.00 based on an unchanged FY ’27 EV/EBITDA multiple of 12x.

Our report with model and disclosures is available here.

Disclosure(s):

K. Liu & Company LLC (“the firm”) receives or intends to seek compensation from the companies covered in its research reports. The firm has not received any compensation from NetScout Systems (NTCT) in the past 12 months.

The analyst, a member of the analyst’s household, and/or an account in which the analyst exercises discretion hold(s) a long position in the common stock of NetScout Systems (NTCT).