NetApp Reports Fourth Quarter and Fiscal Year 2017 Results

NetApp (NTAP) PT Lowered to $35 at Barclays

Barclays lowered its price target on NetApp (NASDAQ: NTAP) to $35.00 (from $38.00) while maintaining a Underweight rating.

NetApp (NTAP) PT Lowered to $41 at Citi

Citi lowered its price target on NetApp (NASDAQ: NTAP) to $41.00 (from $46.00) while maintaining a Neutral rating.

NetApp (NTAP) PT Lowered to $60 at Drexel Hamilton Following 4Q Release

Drexel Hamilton lowered its price target on NetApp (NASDAQ: NTAP) to $60.00 (from $62.00) while maintaining a Buy rating. NetApp reported 4Q sales of $1.48 billion that beat the Street's estimate at $1.44 billion, while pro forma EPS of $0.86 exceeded the Street at $0.82.

For 1Q18, NetApp expects... More

Credit Suisse Upgrades NetApp (NTAP) to Neutral; Downside Limited

Credit Suisse upgraded NetApp (NASDAQ: NTAP) from Underperform to Neutral with a price target of $37.00 (from $35.00) following solid results and cautious guidance.

Analyst Kulbinder Garcha notes that despite the weaker margin guidance in near term, management is confident in improving OM performance... More

NetApp (NTAP) Raises Quarterly Dividend 5.3% to $0.20; 2% Yield

NetApp (NASDAQ: NTAP) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 5.3% increase from the prior dividend of $0.19.

The dividend will be payable on July 26, 2017, to stockholders of record on July 7, 2017, with an ex-dividend date of July 5,... More

NetApp (NTAP) Raises Quarterly Dividend 5.3% to $0.20; 2% Yield

NetApp (NASDAQ: NTAP) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 5.3% increase from the prior dividend of $0.19.

The dividend will be payable on July 26, 2017, to stockholders of record on July 7, 2017, with an ex-dividend date of July 5,... More