NetApp momentum should continue, says Brean Capital Brean Capital believes NetApp momentum should continue through 2014 on expectations its free cash flow generation will continue to fuel its aggressive capital return program as well as signs of improvement in Europe. Shares are Buy rated with a $50 price target.
News For NTAP From The Last 14 Days
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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.