Stock Rating Downgrade
The Value Trend Rating for NETGEAR Inc (NASDAQ: NTGR) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
NETGEAR Inc (NASDAQ: NTGR) stock closed at $28.00 on 12/20/24 after a large increase of 4.8%. Moreover, trading volume in this advance was exceptionally high at 314% of normal. The stock has risen 10.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NETGEAR has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. NETGEAR has a poor Appreciation Score of 28 but a very high Power Rating of 98, triggering the High Neutral Value Trend Rating.
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