NetApp (NTAP) Adds $4B to Buyback Plan
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April 6, 2018 8:30 AM EDT
BofA/Merrill Lynch raised its price target on NetApp (NASDAQ: NTAP) to $78.00 (from $74.00) while maintaining a Buy rating following the company's analyst day. The meeting outlined strong revenue trends in All-Flash-Arrays and HyperConverged Infrastructure with share gains for the company, as well as incremental... More
April 6, 2018 7:43 AM EDT
DA Davidson raised its price target on NetApp (NASDAQ: NTAP) to $79.00 (from $66.00) while maintaining a Buy rating.
Analyst Mark Kelleher comments "Over the last several years NTAP has executed a significant realignment as it has moved aggressively into the Flash storage system market.... More
April 6, 2018 7:40 AM EDT
Susquehanna raised its price target on NetApp (NASDAQ: NTAP) to $75.00 (from $65.00) while maintaining a Positive rating following the company's analyst day. NTAP's FY21 Cloud Data Services revenue target of $400M-$600M, up from ~$60M-$80M in FY19 and mostly recurring SaaS, may lead to sum-of-the-parts... More
April 6, 2018 6:24 AM EDT
Citi raised its price target on NetApp (NASDAQ: NTAP) to $70.00 (from $62.00) while maintaining a Neutral rating, following an investor day in New York.
Analyst Jim Suva notes a positive outlook on the shares, NTAP hosted a "very well attended" investor day in New... More
April 6, 2018 1:10 AM EDT
Longbow Research raised its price target on NetApp (NASDAQ: NTAP) to $75.00 (from $70.00) while maintaining a Buy rating.
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