NetApp (NTAP) Tops Q2 EPS by 12c

NetApp (NTAP) PT Raised to $60 at Argus

Argus raised its price target on NetApp (NASDAQ: NTAP) to $60.00 (from $46.00) while maintaining a Buy rating.

NetApp (NTAP) PT Raised to $52 at UBS Following 2Q

UBS 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

Morgan Stanley raised its price target on NetApp (NASDAQ: NTAP) to $41.00 (from $38.00) while maintaining a Underweight rating.

NetApp (NTAP) PT Raised to $52 at UBS Following Solid 2Q

UBS 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

RBC 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

Piper 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

Deutsche 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

Citi 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

Baird 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

Loop 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.'

NetApp (NTAP) PT Raised to $61 at Maxim Group

Maxim 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.

NetApp (NTAP) PT Raised to $65 at Susquehanna

Susquehanna 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

Drexel 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.

NetApp (NTAP) PT Raised to $56 at Barclays, Comps Beat Thanks to Flash-driven Strength

Barclays raised its price target on NetApp (NASDAQ: NTAP) to $56.00 (from $52.00) while maintaining a Overweight rating.

Analyst Mark Moskowitz expects more upside in the stock over the NT as the company narrative shifts from a turnaround story into a restored grower... More

Pivotal Research Starts NetApp (NTAP) at Hold, LT Growth Remains a Concern

Pivotal Research initiates coverage on NetApp (NASDAQ: NTAP) with a Hold rating and a price target of $54.00.

Analyst Lou Miscioscia likes the rebound in the company but comes out with Hold recommendation citing LT growth concerns. The analyst offers three driving factors that... More