Up 45% Since March, Is New Relic’s Stock Too High?
- Friday, August 28, 2020, 7:29
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New Relic’s stock has moderate upside left based on its valuation, after it rallied from $40 to $58 since March 23rd compared to the S&P which moved 53%. One of the reasons for the recovery was the Fed’s multi-billion dollar stimulus package announced on March 23rd which lifted market sentiments…
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