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Stock Market & Financial Investment News

News Breaks
March 24, 2014
07:51 EDTNTAPNetApp downgraded at Morgan Stanley
As previously reported, Morgan Stanley downgraded NetApp to Underweight from Equal Weight. The firm downgraded shares citing challenges from the cloud, competition, and margin compression. The firm lowered FY15 estimates below the Street and established a $31 price target.
News For NTAP From The Last 14 Days
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July 1, 2015
06:01 EDTNTAPStocks with implied volatility below IV index mean; MU NTAP
Stocks with implied volatility below IV index mean; Micron (MU) 38, NetApp (NTAP) 23 according to iVolatility.
June 30, 2015
06:04 EDTNTAPStocks with implied volatility below IV index mean; MU NTAP
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June 29, 2015
14:53 EDTNTAPBankers see suitors being cool to NetApp amid competition, dealReporter says
Two industry bankers said NetApp’s worsening performance and rising competition are leading to little or no strategic interest from potential suitors, reported dealReporter, according to contacts.
June 25, 2015
07:03 EDTNTAPNetApp did little to alleviate investor concerns, says Piper Jaffray
Piper Jaffray analyst Andrew Nowinski says NetApp's tech talk with new CEO George Kurian did little to alleviate investor concerns since no new initiatives were revealed. New management is continuing to execute the "failed strategy" that prior management initiated, Nowinski tells investors in a research note. He views shares as fairly valued and keeps a Neutral rating on NetApp.

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