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Auriga Expecting Strong Quarter From NetApp
Monday, May 23, 2011 - 8:50am | 81Read More...According to Auriga, NetApp (NASDAQ: NTAP) should have a strong quarter. Auriga said that NetApp is an extremely well managed company with among the highest growth prospects in large cap tech. “However, without substantial acquisition success beyond the current Engenio transaction, we believe it...
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Earnings Highlights for the Week Ahead
Sunday, May 22, 2011 - 11:19am | 793Read More...This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...
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Engenio Business Systems To Acquired By NetApp From LSI, Goldman Maintains Neutral Rating
Thursday, March 10, 2011 - 10:17am | 144Read More...Goldman Sachs has published a research report on NetApp (NASDAQ: NTAP) after the company's announcement to acquire Engenio Business Systems from LSI Corporation (NYSE: LSI) In the report, Goldman writes "NetApp announced that it has entered into a definitive agreement to purchase the Engenio...
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NetApp Announces Acquisition from LSI, Wunderlich Maintains Buy Rating
Thursday, March 10, 2011 - 10:11am | 141Read More...Wunderlich Securities has published a research report on NetApp, Inc. (NASDAQ: NTAP) after the company announced its acquisition that is expected to be accretive. In the report, Wunderlich writes "NetApp, Inc. (NTAP) announced yesterday after the close that it has entered into a definitive...
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UPDATE: Piper Jaffray Downgrades NetApp to Neutral (NTAP)
Thursday, February 17, 2011 - 9:51am | 95Read More...Piper Jaffray is out with its report today on NetApp (NASDAQ: NTAP), dowgrading NTAP from Overweight to Neutral. In a note to clients, Piper Jaffray writes, "We continue to believe NetApp is the best positioned storage company and will continue to take share, but we have turned more cautious on the...
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Wunderlich Reiterates Buy on NetApp (NTAP)
Thursday, February 17, 2011 - 9:31am | 121Read More...Wunderlich is out with its report today on NetApp (NASDAQ: NTAP), reiterating Buy. In a note to clients, Wunderlich writes, "We reiterate our Buy rating and maintain our $68 price target for NTAP shares. We would view any pullback on the earnings report as an opportunity to accumulate positions as...
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JP Morgan Lowers PT On NetApp To $63
Thursday, February 17, 2011 - 9:28am | 27Read More...JP Morgan has lowered the price target on NetApp, Inc. (NASDAQ: NTAP) from $65 to $63 and maintains its Overweight rating.
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Piper Jaffray Downgrades NetApp To Neutral, PT To $56
Thursday, February 17, 2011 - 8:44am | 28Read More...Piper Jaffray has downgraded NetApp, Inc. (NASDAQ: NTAP) from Overweight to Neutral and has lowered the price target from $63 to $56.
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Citigroup Downgrades NetApp To Hold, $60 PT
Thursday, February 17, 2011 - 8:37am | 24Read More...Citigroup has downgraded NetApp, Inc. (NASDAQ: NTAP) from Buy to Hold and maintains its $60 price target.
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Wunderlich Upgrades NetApp To Buy, PT To $68
Monday, February 7, 2011 - 8:11am | 28Read More...Wunderlich Securities has upgraded NetApp, Inc. (NASDAQ: NTAP) from Hold to Buy and has raised the price target from $52 to $68.
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JP Morgan Raises PT On NetApp To $65
Friday, February 4, 2011 - 9:24am | 27Read More...JP Morgan has raised the price target on NetApp, Inc. (NASDAQ: NTAP) from $61 to $65 and maintains its Overweight rating.
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Goldman Resumes Coverage On NetApp At Neutral
Monday, December 13, 2010 - 7:53am | 132Read More...Goldman Sachs has published a research report on NetApp, Inc. (NASDAQ: NTAP) and has resumed coverage on the company at Neutral. In the report, Goldman writes "We believe NetApp is well positioned for the secular growth prospects in networked storage. The company's leading software technology and...
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Wunderlich Securites Initiiates Coverage on NetApp
Friday, November 19, 2010 - 10:01am | 139Read More...Wunderlich Securities is initiating coverage on NetApp (NASDAQ: NTAP) with a Hold rating and $52 price target. The price target is 1.3x PEG multiple on FTM EPS and is in-line with the S&P 500 PEG ratio. In a note to clients, "Our Hold rating is predicated on two assumptions: first, that the...
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NetApp Hardware Refresh Will Drive Customer Upgrades, Deutsche Bank Reports
Monday, November 15, 2010 - 9:22am | 107Read More...NetApp, Inc. (NASDAQ: NTAP) recently announced a broad product refresh (80% of product line was upgraded), including upgrades of its high end and mid range hardware with new models of the FAS 6200 (3 models) and FAS 3200 (3 models) systems. “We believe NTAP's hardware refresh will drive strong...
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No Setbacks For NetApp
Friday, November 12, 2010 - 9:19am | 170Read More...JP Morgan has published a research report on NetApp Inc. (NASDAQ: NTAP) as it is believed that the company has what it takes to maintain double-digit growth through year end. In the report, JP Morgan writes "Overweight-rated NetApp should restore investor sentiment as relates to large-cap tech. In...

