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News Breaks
June 24, 2014
13:01 EDTNTAPNetApp outlook for FY15-FY17 'encouraging,' says Cantor
Cantor Fitzgerald notes that its analyst day, NetApp reiterated its FY15 and Q1 outlook while providing FY15-FY17 guidance with a branded revenue growth projection in the mid-single digit level, gross margin of 63%-64%, operating expenses of 44%-46%, operating margin of 18%-20% and earnings growth at two times branded revenue growth. Cantor views the outlook as "encouraging" and says the stock offers attractive value at current levels. The firm reiterates a Buy rating on the stock with a $45 price target.
News For NTAP From The Last 14 Days
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July 28, 2015
12:33 EDTNTAP5 NetApp sales employees leave company at same time, Register reports
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July 24, 2015
05:49 EDTNTAPStocks with implied volatility movement; NTAP JNPR
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July 23, 2015
11:54 EDTNTAPOptions with increasing call volume
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11:03 EDTNTAPNetApp call activity attributed to takeover speculation
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10:56 EDTNTAPRumor: NetApp strength attributed to takeover speculation
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July 21, 2015
14:24 EDTNTAPEarnings Watch: EMC reports amid M&A speculation in sector
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