Net App (NTAP) volatility increases on call put ratio of 1 call to 1 put into Q1 and outlook
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RBC Capital Remains Sidelined on NetApp (NTAP) Following 1Q Release
August 17, 2017 7:54 AM EDTRBC Capital reiterated a Sector Perform rating and $45.00 price target on NetApp (NASDAQ: NTAP) following the company's 1Q earnings release. NTAP reported revenue and EPS of $1.33B/$0.62 vs. Street expectations of $1.32B/$0.55. The EPS upside was driven largely by strong gross-margins and provided an... More
Baird Remains Sidelined on NetApp (NTAP) Following Solid 1Q
August 17, 2017 7:41 AM EDTBaird reiterated a Neutral rating and $44.00 price target on NetApp (NASDAQ: NTAP) following the company's 1Q earnings results. NetApp reported revenue of $1.33 billion versus consensus of $1.32 billion. Non-GAAP EPS of $0.62 came in ahead of consensus of $0.55.
Management guided FQ2 revenue/non-GAAP EPS to $1.31-1.46... More
