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

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NetApp (NTAP) PT Lowered to $41 at Citi

May 25, 2017 8:47 AM EDT

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

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

May 25, 2017 8:36 AM EDT

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

NetApp (NTAP) PT Lowered to $44 at Baird

May 25, 2017 4:54 AM EDT

Baird lowered its price target on NetApp (NASDAQ: NTAP) to $44.00 (from $47.00) while maintaining a Neutral rating.

Analyst Jayson Noland raises his FY 2017 EPS estimate from $2.70 to $2.74 and raises his FY 2018 EPS estimate from $2.94 to $2.99.

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NetApp (NTAP) Tops Q4 EPS by 4c, Guides Q1 EPS Below Views

May 24, 2017 4:03 PM EDT

NetApp (NASDAQ: NTAP) reported Q4 EPS of $0.86, $0.04 better than the analyst estimate of $0.82. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.44 billion.

Net Revenues for Q4 up 5% quarter-over-quarter and 7% year-over-year.Q4 All-flash array annualized net revenue run rate of $1.70 billion, up almost 140%... More