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Stock Market & Financial Investment News

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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September 1, 2015
10:56 EDTNTAPRBC Capital to hold a bus tour
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August 26, 2015
07:01 EDTNTAPNimble Storage reported another 'solid' quarter, says Summit Research
Summit Research analyst Srini Nandury called Nimble Storage's (NMBL) quarterly results "solid," highlighting the company's report of strong demand, higher deal sizes and addition of an all-time high 690 new customers. The firm, which said it expects Nimble to gain share from both EMC (EMC) and NetApp (NTAP) "in short order," reiterates its Buy rating and $40 price target on Nimble shares.

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