NetApp (NTAP) PT Raised to $75 at Wells Fargo
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
NetApp (NTAP) Beats Q4 Expectations, Analysts Raise PT After a 'Breakout Cloud Quarter'
June 3, 2021 10:12 AM EDTShares of NetApp (NASDAQ: NTAP) are trading 2% higher today after the cloud company delivered better-than-expected results for its fiscal fourth quarter.
Strong results were driven by robust growth in its public cloud services unit. The data storage provider said its annualized revenue run rate (ARR) in the unit rose by 171% year-on-year to $301 million.
Moreover, the company reported a non-GAAP net income of $334 million, or $1.46 per share. Revenue came in at $1.56 billion, compared to the revenue of $1.4 billion and non-GAAP earnings per share of $1.17 from last year. Analysts were expecting EPS of... More
NetApp (NTAP) PT Raised to $95 at Susquehanna
June 3, 2021 9:11 AM EDTSusquehanna analyst Mehdi Hosseini raised the price target on NetApp (NASDAQ: NTAP) to $95.00 (from $78.00) while maintaining a Positive rating.
... MoreNetApp (NTAP) PT Raised to $80 at Stifel
June 3, 2021 6:41 AM EDTStifel analyst Matthew Sheerin raised the price target on NetApp (NASDAQ: NTAP) to $80.00 (from $78.00) while maintaining a Hold rating.
... More