NetApp

Piper Jaffray is out with its report today on NetApp (NASDAQ: NTAP), reiterating Neutral. In a note to clients, Piper Jaffray writes, "The storage market continues to be a two horse race in our opinion with NetApp and EMC steadily capturing share from larger, less focused rivals. NetApp remains...

Citi is out with its report today on NetApp (NASDAQ: NTAP), raising its PT from $60 to $61. In a note to clients, Citi writes, "Our EPS estimates move higher on the back of the company's outlook, however our cash flow estimates are coming down due to the lack of deferred element attach to Engenio...

Bank of America is maintaining its model on NetApp (NASDAQ: NTAP). “We leave our F2012 and F2013 EPS estimates (diluted profoma) unchanged at $2.54 and $2.85 (vs. Street at $2.47 and $2.84), respectively,” Bank of America writes. “Our PO remains at $60 predicated on 19x our C2012 NOPAT of ~$2.70...

Goldman Sachs has raised the price target on NetApp (NASDAQ: NTAP) from $55 to $57 and maintains its Neutral rating.

Auriga reiterated its Hold rating on NetApp (NASDAQ: NTAP). At the same time, Auriga raised its price target on the company's stock from $53 to $57. On Thursday, NetApp added 5.64% to its value to close the day at $52.78. Its shares lost some of yesterday's gains in today's pre-market trading,...

Sterne Agee reiterated its Neutral rating on NetApp (NASDAQ: NTAP). At the moment, Sterne Agee does not have a price target on the company's stock. On Thursday, NetApp added 5.64% to its value to close the day at $52.78. Its shares lost some of yesterday's gains in today's pre-market trading,...

Citigroup has raised the price target on NetApp (NASDAQ: NTAP) from $60 to $61 and maintains its Hold rating.

BMC is out with its report today on NetApp (NASDAQ: NTAP), initiating NTAP at Buy, with a $60 PT. In a note to clients, BMC writes, "Our call is that while we have line-of-sight to slight upside to CY11/CY12 Street EPS, we believe achieving Street EPS at current valuation levels can be a catalyst...

Auriga is out with its report today on NetApp (NASDAQ: NTAP), maintaining Hold. In a note to clients, Auriga writes, "NetApp will conduct its delayed Analyst Day this coming Thursday in New York City, and we would expect discussion to focus on the ongoing share gains in the storage space, as well...

Brean Murray Carret & Company has initiated coverage on NetApp (NASDAQ: NTAP) with a Buy rating and $60 price target.

Piper Jaffray reiterated its Neutral Rating on NetApp (NASDAQ: NTAP). At the same time, Piper Jaffray reduced its price target to $58 from $60, in spite of the company's strong Q1 results. In a research report published today, Piper Jaffray stressed its belief that the days of outperforming market...

Morgan Stanley is out with its report today on NetApp (NASDAQ: NTAP), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "Overall, NetApp reported F4Q results and F1Q guidance in-line with our model after adjusting for the new FASB revenue recognition rules and the addition of...

Citi is out with its report today on NetApp (NASDAQ: NTAP), maintaining Hold. In a note to clients, Citi writes, "We rate the shares of NetApp, Inc. Hold / High Risk (2H). Although the near-term demand environment remains favorable and we view the company as well positioned to participate in the...

Goldman Sachs reiterated its Neutral rating on NetApp (NASDAQ: NTAP). At the same time, Goldman left its price target unchanged at $85 after the company reported better than expected Q1 results. In a research report published today, Goldman reiterated its generally positive outlook on the company...

Goldman Sachs is out with its report today on NetApp (NASDAQ: NTAP), maintaining Neutral. In a note to clients, Goldman Sachs writes, "We maintain our Neutral rating. Our 12-month price target of $55 is based on a weighted average of our fundamental value (80%) and an M&A value (20%). Our...