NetApp shares likely weak in near-term, says JPMorgan JPMorgan expects near-term weakness in shares of NetApp after the company reported "mixed" Q4 results and issued a "soft" revenue outlook. However, the firm said it still likes NetApp's margin and cash flow profiles relative to peers and keeps an Overweight rating on the stock with a $45 price target.
Dot Hill Systems initiated with a Buy at Maxim Maxim says its analysis of Dot Hill Systems' (HILL) intellectual property indicates the company is unlikely to lose its business with HP (HPQ). The firm adds that Dot Hill management believes NetApp's (NTAP) slow exit from Engenio's OEM business brings at least a $200M incremental revenue and $40M operating profit opportunity. Maxim started shares of Dot Hill Systems with a Buy rating and $7 price target.