Brean Capital Maintains a Hold Rating on NetApp (NTAP) Following 6c EPS Beat

Deutsche Bank Raises Price Target on NetApp (NTAP) Following a 1Q16 EPS Beat

August 20, 2015 10:52 AM EDT

Deutsche Bank reiterated a Hold rating on NetApp (NASDAQ: NTAP), and raised the price target to $32.00 (from $30.00), following the company's 1Q16 earnings results. NTAP reported EPS of $0.29 beat the consensus estimates of $0.23. Revenue of $1.34B came in above the consensus of $1.32B. Management... More

NetApp (NTAP) Results/Guidance 'Impressive', Says RBC Capital

August 20, 2015 6:15 AM EDT

RBC Capital analyst Amit Daryanani reiterated an Outperform rating and $38 price target on NetApp (NASDAQ: NTAP) following "impressive" results and guidance versus very muted expectations.

The analyst noted much of the upside came from depletion of deferred revenues (boosted software/maintenance... More

After-Hours Stock Movers 08/19: (ACTG) (KEYS) (NTAP) Higher; (ANFI) (SMTC) (PLKI) Lower (more...)

August 19, 2015 5:23 PM EDT

Amira Nature Foods (NYSE: ANFI) 12% LOWER; said it terminated Deloitte Haskins & Sells LLP as its independent registered public accounting firm.

Applied Genetic Technologies (NASDAQ: AGTC) 9.6% HIGHER; announced that its collaboration with Biogen (Nasdaq: BIIB), first announced on July 2, 2015 is effective, and Biogen's equity investment in AGTC has closed, following the expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the satisfaction of other customary... More

Market Wrap: Fed Sees Conditions Ripening for Rate Hike; Crude Slumps on Supply Glut; Rayonier Advanced Hit on Lawsuit

August 19, 2015 5:22 PM EDT

Market wrap for August 19th

End of the Day: S&P 500 down 17.3 to 2,079.61; Dow Jones down 162.6 to 17,348.73; Nasdaq down 40.3 to 5,019.05

Market Brief: The FOMC released minutes from its July meeting today. In part, most officals want to maintain the Fed's large balance sheet and most saw conditions nearing for a rate hike. The uncertainty initially sent markets higher, though gains were pared as the afternoon wore on. For the full minutes,... More

NetApp (NTAP) Tops Q1 EPS by 6c; Guides Q2 EPS Above Expectations

August 19, 2015 4:02 PM EDT

NetApp (NASDAQ: NTAP) reported Q1 EPS of $0.29, $0.06 better than the analyst estimate of $0.23. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.32 billion.

NetApp sees Q2 2012 EPS of $0.55 - $0.60, versus the consensus of $0.46. NetApp sees Q2 2012 revenue of $1.40 - $1.50... More

Trading Radar for 8/19: Lowe's (LOW), Staples (SPLS), Target (TGT), American Eagle Outfitters (AEO), Youku (YOKU) Report

August 18, 2015 3:04 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBI Mortgage Index - no Street consensus

8:30am EDT

CPI - Street sees 0.2%

Earnings:

American Eagle Outfitters (NYSE: AEO) - consensus EPS $0.14... More