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Unusual 11 Mid-Day Movers 8/18: (EARS) (CERU) (CXW) Higher; (SEMI) (CIE) (CSIQ) Lower

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FBN Securities Raises Price Target on NetApp (NTAP) Following Solid 1Q Report

August 18, 2016 2:13 PM EDT

FBN Securities reiterated a Sector Perform rating on NetApp (NASDAQ: NTAP), and raised the price target to $35.00 (from $27.00), following the company's 1Q earnings report. NTAP reported revenue of $1.29B, above the consensus of $1.26B. NG EPS of $.46 was also above consensus of $.36.... More