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Stock Market & Financial Investment News

News Breaks
February 13, 2013
16:07 EDTNTAPNetApp reports Q3 EPS 67c, consensus 56c
Reports revenue $1.63B, consensus $1.62B.
News For NTAP From The Last 14 Days
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September 23, 2014
10:02 EDTNTAPOn The Fly: Analyst Upgrade Summary
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07:57 EDTNTAPNetApp upgraded to Buy on takeout potential at Summit Research
Summit Research upgraded NetApp to Buy from Hold on potential takeout potential. The firm said NetApp's business remains sluggish and that the company will have no choice but to find a buyer now that EMC (EMC) has been considering a merger with other leading OEMS. Summit Research believes NetApp integration would be easier for an acquirer given most of its revenue is derived from ONTAP software and notes shares trade at relative discount to the group. Price target raised to $55 from $34.

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