NetApp Reports Second Quarter Fiscal Year 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
NetApp (NTAP) PT Raised to $52 at UBS Following 2Q
November 16, 2017 10:34 AM ESTUBS raised its price target on NetApp (NASDAQ: NTAP) to $52.00 (from $45.00) while maintaining a Buy rating. NetApp handily beat consensus estimates with revenue growth of 7%, including product up 14%, and EPS of $0.81. The company is making good on two
drivers; accelerating revenue growth and... More
NetApp (NTAP) PT Raised to $41 at Morgan Stanley
November 16, 2017 8:53 AM ESTMorgan Stanley raised its price target on NetApp (NASDAQ: NTAP) to $41.00 (from $38.00) while maintaining a Underweight rating.
... MoreNetApp (NTAP) PT Raised to $52 at UBS Following Solid 2Q
November 16, 2017 8:17 AM ESTUBS raised its price target on NetApp (NASDAQ: NTAP) to $52.00 (from $45.00) while maintaining a Buy rating following the company's 2Q. NetApp handily beat consensus estimates with revenue growth of 7%, including product up 14%, and EPS of $0.81 vs $0.69 estimate.
UBS expects $2.00 in F2H EPS,... More
NetApp (NTAP) PT Raised to $53 at RBC Capital; Reiterates Sector Perform
November 16, 2017 8:11 AM ESTRBC Capital raised its price target on NetApp (NASDAQ: NTAP) to $53.00 (from $50.00) while maintaining a Sector Perform rating following 2Q report. NetApp posted revenue of $1.42B and non-GAAP EPS of $0.81 vs. consensus expectations of $1.38B/$0.69. On a y/y basis, APAC was up... More
NetApp (NTAP) PT Raised to $60 at Piper Jaffray; Remains Bullish
November 16, 2017 8:06 AM ESTPiper Jaffray raised its price target on NetApp (NASDAQ: NTAP) to $60.00 (from $52.00) while maintaining a Overweight rating. NetApp reported 2Q revenue of $1.42B in FQ2(Oct), which was 2.7% above the mid-point of guidance ($1.385B) and above consensus ($1.38B). Upside continues to be driven by... More
NetApp (NTAP) PT Raised to $37 at Deutsche Bank; Reiterates Sell
November 16, 2017 8:01 AM ESTDeutsche Bank raised its price target on NetApp (NASDAQ: NTAP) to $37.00 (from $27.00) while maintaining a Sell rating following the company's 2Q. NTAP reported strong F2Q-18 results, with EPS beating Street expectations by $0.12 and sales growth modestly above expectations. Guidance was also above... More
NetApp (NTAP) PT Raised to $53 at Citi Following 2Q Beat
November 16, 2017 7:54 AM ESTCiti raised its price target on NetApp (NASDAQ: NTAP) to $53.00 (from $43.00) while maintaining a Neutral rating following the company's 2Q. NTAP reported sales/EPS of $1.42B/$0.81 both materially above consensus estimates of $1.38B/$0.69 with EPS above high end of guidance range of $0.64-$0.72... More
NetApp (NTAP) PT Raised to $51 at Baird Following Strong 2Q
November 16, 2017 7:50 AM ESTBaird raised its price target on NetApp (NASDAQ: NTAP) to $51.00 (from $46.00) while maintaining a Neutral rating following the company's 2Q release. NetApp reported revenue/non-GAAP EPS of $1.42 billion/$0.81 versus consensus of $1.38 billion/$0.69. Product revenue of $807 million was well ahead of consensus expectations for $770 million... More
NetApp (NTAP) PT Raised to $50 at Loop Capital
November 16, 2017 7:44 AM ESTLoop Capital raised its price target on NetApp (NASDAQ: NTAP) to $50.00 (from $41.00) while maintaining a Hold rating.
Analyst Ananda Baruah said the model momentum is 'undeniable - and may be strengthening.'
... MoreNetApp (NTAP) PT Raised to $61 at Maxim Group
November 16, 2017 7:43 AM ESTMaxim Group raised its price target on NetApp (NASDAQ: NTAP) to $61.00 (from $56.00) while maintaining a Buy rating following results.
Analyst Nehal Chokshi noted accelerating results and guidance due to alignment as multi-year trends continue.
... MoreNetApp (NTAP) PT Raised to $65 at Susquehanna
November 16, 2017 6:41 AM ESTSusquehanna raised its price target on NetApp (NASDAQ: NTAP) to $65.00 (from $56.00) while maintaining a Positive rating following solid Q2 results.
Analyst Mehdi Hosseini said the report, guide, and the commentary last night support their thesis; Y/Y product growth is accelerating and... More
NetApp (NTAP) PT Raised to $68 at Drexel Hamilton
November 16, 2017 6:35 AM ESTDrexel Hamilton raised its price target on NetApp (NASDAQ: NTAP) to $68.00 (from $62.00) while maintaining a Buy rating following solid Q2 results.
Analyst Brian White said the turnaround transitions to a solid GARP story.
... MoreNetApp (NTAP) Tops Q2 EPS by 12c
November 15, 2017 4:01 PM ESTNetApp (NASDAQ: NTAP) reported Q2 EPS of $0.81, $0.12 better than the analyst estimate of $0.69. Revenue for the quarter came rose 6% to $1.42 billion versus the consensus estimate of $1.38 billion.
In the second quarter, NetApp again delivered strong operating results on the top and bottom lines. We... More
