NetApp (NTAP) Tops Q1 EPS by 7c, Offers Q2 Guidance

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NetApp (NTAP) PT Raised to $62 at Drexel Hamilton on 1Q; 'New Areas of Growth & Depressed Valuation Keeps Us Positive'

August 17, 2017 8:13 AM EDT

Drexel Hamilton raised its price target on NetApp (NASDAQ: NTAP) to $62.00 (from $60.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Brian White notes a positive outlook, as the company delivered first quarter earnings per share and sales above consensus... More

RBC Capital Remains Sidelined on NetApp (NTAP) Following 1Q Release

August 17, 2017 7:54 AM EDT

RBC 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 EDT

Baird 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