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Maxim Group Downgrades NetApp (NTAP) to Hold

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Jefferies Raises Price Target on NetApp (NTAP) to $38 Following 2Q and Guidance

November 17, 2016 9:05 AM EST

Jefferies reiterated a Hold rating on NetApp (NASDAQ: NTAP), and raised the price target to $38.00 (from $34.00), following the company's 2Q earnings report. NTAP reported revenue of $1.34B, a touch below Street's $1.35B. EPS totaled $0.60, beating the Street's $0.54 due to lower than expected opex.... More