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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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July 17, 2014
12:15 EDTNTAPSanDisk plummets after Q3 revenue outlook disappoints
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July 15, 2014
10:22 EDTNTAPNetApp expands cloud support with NPS for Azure, says Cantor
Cantor Fitzgerald believes the introduction of NetApp Private Storage for Microsoft Azure provides further validation to NetApp's expanding support for the cloud. The firm views NetApp as the leader amongst storage vendors for public cloud infrastructure. Cantor says the stock is "very inexpensive" and keeps a Buy rating on NetApp with a $45 price target.
08:37 EDTNTAPEquinix and NetApp expand cloud partnership
Equinix (EQIX), and NetApp (NTAP) announced that they are expanding their cloud partnership. The two companies now provide an expanded offering of private storage solutions for the public cloud including NetApp Private Storage for Microsoft Azure, through the Equinix Cloud Exchange, which makes connecting to the cloud simple and convenient.

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