|April 16, 2014|
|05:27 EDT||NTAP||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.
News For NTAP From The Last 14 Days
|July 1, 2015|
|06:01 EDT||NTAP||Stocks 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 EDT||NTAP||Stocks with implied volatility below IV index mean; MU NTAP|
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|June 29, 2015|
|14:53 EDT||NTAP||Bankers 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 EDT||NTAP||NetApp 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.
|June 20, 2015|
|16:10 EDT||NTAP||NetApp participates in a conference call with UBS|
UBS IT Hardware Analyst Steve Milunovich hosts CEO George Kurian, who will discuss NetApp's technology, strategy and direction on a conference call to be held on June 24 at 1 pm. Webcast Link