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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.
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September 15, 2014
07:19 EDTNTAPSNIA to hold a conference
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