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Stock Market & Financial Investment News

News Breaks
February 13, 2014
05:41 EDTNTAPNetApp guidance conservative, not cause for concern, says Piper Jaffray
Piper Jaffray views NetApp's Q4 guidance as conservative and feels the outlook is not a cause for concern. Piper continues to believe NetApp’s branded revenue growth and gross margin expansion will outpace peers and keeps an Overweight rating on the stock with a $52 price target.
News For NTAP From The Last 14 Days
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March 25, 2015
08:54 EDTNTAPNetApp Arista among potential takeover targets for EMC, says RBC Capital
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March 23, 2015
10:00 EDTNTAPOn The Fly: Analyst Downgrade Summary
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06:40 EDTNTAPEMC downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded EMC (EMC) to Neutral to Neutral saying the company is facing increasing pressure from next-gen storage vendors and public cloud providers. Piper notes that it continues to hear Pure Storage and other vendors such as Nimble Storage (NMBL) are making inroads into the installed base of EMC. It cut its price target for shares to $27 from $30. The firm also downgraded NetApp (NTAP) to Neutral this morning for similar reasons, but says EMC has a more defensible position than NetApp.
06:37 EDTNTAPNetApp downgraded to Neutral from Overweight at Piper Jaffray
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