NetApp June volatility increases into Q4 and outlook NetApp May call option implied volatility is at 38, June is at 39, September is at 32; compared to its 26-week average of 35 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on May 21.
News For NTAP From The Last 14 Days
Check below for free stories on NTAP the last two weeks.
NetApp downgraded to Neutral from Buy at UBS UBS downgraded NetApp to Neutral citing rising competition and a "mediocre" outlook for storage spending. The firm lowered its price target for shares to $40 from $50.