NetApp (NTAP): Raising PT After Insight 2016 Conference - Baird
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Summit Redstone Upgrades NetApp (NTAP) to Buy
September 30, 2016 6:31 AM EDTSummit 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... MoreBrean Capital Remains Sidelined on NetApp (NTAP) Following Annual User Conference
September 28, 2016 10:50 AM EDTBrean 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 EDTSusquehanna 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 EDTJefferies 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 EDTNeedham & 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