NetApp Reports Third Quarter Fiscal Year 2017 Results
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NetApp (NTAP) PT Raised to $37 at UBS
February 16, 2017 9:54 AM ESTUBS raised its price target on NetApp (NASDAQ: NTAP) to $37.00 (from $32.00) while maintaining a Sell rating.
Analyst... More
NetApp (NTAP) PT Raised to $62 at Drexel Hamilton Following 3Q Report
February 16, 2017 7:56 AM ESTDrexel Hamilton raised its price target on NetApp (NASDAQ: NTAP) to $62.00 (from $52.00) while maintaining a Buy rating. NetApp reported 3Q sales of $1.40 billion that compared to the Street at $1.39 billion, while pro forma EPS of $0.82 handily beat the Street's $0.74.
Analyst Brian White... More
NetApp (NTAP) PT Raised to $43 at BMO Capital; Reiterates Market Perform
February 16, 2017 7:24 AM ESTBMO Capital raised its price target on NetApp (NASDAQ: NTAP) to $43.00 (from $39.00) while maintaining a Market Perform rating. NTAP delivered another strong quarter, with revenue of $1,404 million above consensus estimates of $1,395M. EPS of $0.82 topped consensus estimate of $0.74.
Analyst Tim Long commented,... More
NetApp (NTAP) PT Raised to $43 at Baird Following F3Q17 Results, EPS Beat
February 16, 2017 7:17 AM ESTBaird Equity Research analyst Jayson Noland reiterates Neutral rating and raises price target on NetApp Inc. (NASDAQ: NTAP) to $43 (from $40), suggesting growth in strategic initiatives and operating expenditure cuts led to 2017 fiscal third quarter EPS above estimates.
Noland comments "NetApp posted an... More
Needham & Company Maintains Hold Rating on NetApp (NTAP) Following F3Q Results
February 16, 2017 6:57 AM ESTNeedham & Company analyst Richard Kugele reiterates Hold rating on NetApp (NASDAQ: NTAP), suggesting positive fiscal third quarter EPS results support current share price valuation.
Kugele comments, "NetApp's return to stability continued last night with revenue at the midpt of guidance and... More
NetApp (NTAP) PT Raised to $45 at RBC Capital; Reiterates Sector Perform
February 16, 2017 6:51 AM ESTRBC Capital raised its price target on NetApp (NASDAQ: NTAP) to $45.00 (from $40.00) while maintaining a Sector Perform rating. NTAP reported Jan-qtr results of $1.40B/$0.82 vs. Street expectations of $1.40B/$0.74.
Analyst Amit Daryanani commented, "NTAP reported a strong Jan-qtr EPS beat... More
William Blair Upgrades NetApp (NTAP) to Market Perform
February 16, 2017 5:49 AM ESTWilliam Blair upgraded NetApp (NASDAQ: NTAP) from Underperform to Market Perform as product growth returns in beat-and-raise quarter.
Analyst Jason Ader commented, "Following a solid beat-and-raise quarter, and in view of product growth looking sustainable, we are upgrading the shares of NetApp from Underperform to Market Perform. Our rationale is based on: 1) improved product positioning in recent quarters, especially in... More
NetApp (NTAP) Tops Q3 EPS by 8c
February 15, 2017 4:03 PM ESTNetApp (NASDAQ: NTAP) reported Q3 EPS of $0.82, $0.08 better than the analyst estimate of $0.74. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.39 billion.
For earnings history and earnings-related data on NetApp (NTAP) click here.
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