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NetApp (NTAP): Raising PT After Insight 2016 Conference - Baird

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Summit Redstone Upgrades NetApp (NTAP) to Buy

September 30, 2016 6:31 AM EDT

Summit Redstone upgraded NetApp (NASDAQ: NTAP) from Hold to Buy with a price target of $45.00.

Analyst Srini Nandury highlighted:

We are optimistic that the company can grow its product revenue from current levels driven by AFA sales and increasing adoption of clustered ONTAP... More

Brean Capital Remains Sidelined on NetApp (NTAP) Following Annual User Conference

September 28, 2016 10:50 AM EDT

Brean Capital reiterated a Hold rating on NetApp (NASDAQ: NTAP) after meeting with management at the company's annual user conference. NTAP highlighted its focus on providing data management capabilities across public, hybrid, and private cloud infrastructure through its Clustered Ontap storage operating... More

Susquehanna Reiterates Positive Rating on NetApp (NTAP) Following Insight Conference

September 28, 2016 8:51 AM EDT

Susquehanna reiterated a Positive rating and $42.00 price target on NetApp (NASDAQ: NTAP) following the company's annual Insight conference in Las Vegas.

Analyst Mehdi Hosseini commented, "We came away from NTAP's Insight technical conference with increased comfort in our aboveconsensus view on FY18 revenue... More

Jefferies Remains Sidelined on NetApp (NTAP) Following Analyst Meeting

September 28, 2016 7:50 AM EDT

Jefferies reiterated a Hold rating on NetApp (NASDAQ: NTAP), and raised the price target to $34.00 (from $29.00), following an analyst meeting. NetApp noted it had reach #2 in market share in the AllFlash Array market. Like last year, CEO George Kurian gave a impassioned... More

Needham & Company Reiterates Hold on NetApp (NTAP) Following Analyst Day and User Conference

September 28, 2016 7:12 AM EDT

Needham & Company reiterated a Hold rating on NetApp (NASDAQ: NTAP) following the company's annual Insight user conference and Analyst day. No new financial information was presented. However, the company refreshed its FAS lines to incorporate both faster networking speeds and became... More