Bank of America Corporation initiated coverage on shares of Forescout Tech (NASDAQ:FSCT) in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. The brokerage set a “buy” rating on the stock.

Several other equities analysts also recently commented on the stock. UBS AG initiated coverage on shares of Forescout Tech in a research note on Monday. They set a “buy” rating and a $30.00 price objective for the company. J P Morgan Chase & Co initiated coverage on shares of Forescout Tech in a research report on Tuesday. They set an “overweight” rating and a $33.00 price target on the stock. KeyCorp initiated coverage on shares of Forescout Tech in a research report on Tuesday. They set an “overweight” rating and a $34.00 price target on the stock. Finally, Citigroup Inc. initiated coverage on shares of Forescout Tech in a research report on Tuesday. They set a “neutral” rating and a $27.00 price target on the stock. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Forescout Tech has an average rating of “Buy” and a consensus target price of $30.20.

Shares of Forescout Tech (NASDAQ:FSCT) traded up $1.39 during trading hours on Tuesday, hitting $26.94. 230,500 shares of the stock traded hands, compared to its average volume of 163,731. Forescout Tech has a 52-week low of $24.01 and a 52-week high of $27.00.

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About Forescout Tech

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 Tech (NASDAQ:FSCT)

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