Drexel Hamilton Upgrades NetApp (NTAP) to Buy
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UBS Raises Price Target on NetApp (NTAP) to $32; Reiterates Sell
November 17, 2016 9:54 AM ESTUBS reiterated a Sell rating on NetApp (NASDAQ: NTAP), and raised the price target to $32.00 (from $30.00), following the company's 2Q earnings report. NTAP reported product revenue of $710mn, below consensus of $722mn.
Analyst Steven Milunovich commented, "Product revenue of $710mn was... More
Jefferies Raises Price Target on NetApp (NTAP) to $38 Following 2Q and Guidance
November 17, 2016 9:05 AM ESTJefferies 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
Baird Raises Price Target on NetApp (NTAP) to $40; Reiterates Neutral
November 17, 2016 7:33 AM ESTBaird reiterated a Neutral rating on NetApp (NASDAQ: NTAP), and raised the price target to $40.00 (from $37.00), following the company's 2Q earnings report. NetApp posted revenue/non-GAAP EPS of approximately $1.34 billion/$0.60 compared to consensus of $1.36 billion/$0.60. Management guided 3Q revenue/non-GAAP EPS to $1.325-$1.475... More
Needham & Company Remains Sidelined on NetApp (NTAP) Following Solid 2Q
November 17, 2016 6:59 AM ESTNeedham & Company reiterated a Hold rating on NetApp (NASDAQ: NTAP) following the company's 2Q earnings report. NTAP reported revenues of $1.34B compared to the street's estimates of $1.35B. Guidance was $1.265-1.415B. EPS was reported at $0.60, ahead of the consensus of $0.54, and guidance of... More
NetApp (NTAP): 5 Key Takeaways From The Call - Susquehanna
November 17, 2016 6:44 AM ESTSusquehanna analyst, Mehdi Hosseini, reiterated his Positive rating on shares of NetApp (NASDAQ: NTAP) and raised his price target to $46.
Strong margins and an encouraging Jan Q guide support the analyst's "Positive" rating. The thesis revolves around increased conviction in NTAP's ability to deliver FY18 Rev growth and... More
NetApp (NTAP) Posts Q2 adj.-EPS of 60c; Issues Strong Q3 Outlook
November 16, 2016 4:02 PM EST(Updated - November 16, 2016 4:08 PM EST)
NetApp (NASDAQ: NTAP) reported Q2 EPS of $0.60, versus the analyst estimate of $0.54. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.36 billion.
NetApp ended the second quarter of fiscal year 2017 with $4.4 billion in... More
