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

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

NetApp (NTAP) PT Raised to $60 at Argus

November 17, 2017 8:25 AM EST

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

... More

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

November 16, 2017 10:34 AM EST

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

November 16, 2017 8:53 AM EST

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

... More

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

November 16, 2017 8:17 AM EST

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

November 16, 2017 8:11 AM EST

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

November 16, 2017 8:06 AM EST

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

November 16, 2017 8:01 AM EST

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

November 16, 2017 7:54 AM EST

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

November 16, 2017 7:50 AM EST

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

November 16, 2017 7:44 AM EST

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.'

... More

NetApp (NTAP) PT Raised to $65 at Susquehanna

November 16, 2017 6:41 AM EST

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

November 16, 2017 6:35 AM EST

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.

... More

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

November 16, 2017 5:03 AM EST

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

November 16, 2017 4:43 AM EST

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

BMO Capital Upgrades NetApp (NTAP) to Outperform

November 16, 2017 4:40 AM EST

BMO Capital upgraded NetApp (NASDAQ: NTAP) from Market Perform to Outperform with a price target of $62.00 (from $43.00).

Analyst Tim Long expects continued growth in flash, stabilization of the legacy business, ongoing improvements to gross margins and meaning OpEx leverage all combined within a... More

NetApp (NTAP) Tops Q2 EPS by 12c

November 15, 2017 4:01 PM EST

NetApp (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