RBC Capital analyst Rishi Jaluria maintained a Hold rating on New Relic (NEWR – Research Report) on June 14 and set a price target of $45.00. The company's shares closed last Wednesday at $45.02, close to its 52-week low of $41.66. According to TipRanks.com, Jaluria is a 1-star analyst with an average return of -0.8% and a 40.5% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies. Currently, the analyst consensus on New Relic is a Moderate Buy with an average price target of $66.29.
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