NetApp Names Jean English Chief Marketing Officer
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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
August 18, 2016 8:53 AM EDT
RBC Capital reiterated a Sector Perform rating on NetApp (NASDAQ: NTAP), and raised the price target to $32.00 (from $29.00), following the company's 1Q earnings report. NetApp posted revenue of $1.29B and non-GAAP EPS of $0.46 vs. consensus expectations of $1.26B/$0.36.
Analyst Amit Daryanani commented, "NTAP's positive Jul-qtr print/in-line Octqtr guide... More
August 18, 2016 8:34 AM EDT
Wells Fargo reiterated a Market Perform rating on NetApp (NASDAQ: NTAP) following the company's 1Q earnings report. Revenues of $1.29B were above the Street's $1.26B estimate due to higher product revenues, particularly mature product revenues vs estimates. EPS of $0.46 was above also above the Street's estimate ($0.36) due to higher revenues and lower G&A expense.
Analyst Maynard Um commented, "NTAP reported a good quarter with upside... More
