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Stock Market & Financial Investment News

News Breaks
June 25, 2014
07:02 EDTNTAPNetApp long-term outlook better than expected, says Piper Jaffray
Piper Jaffray says the long-term targets NetApp provided at yesterday's analyst day were better than expected. Piper believes the company's FY15 outlook is beatable as management is not factoring in a boost from the U.S. Federal market. The firm raised its price target for shares to $42 from $40 and keeps an Overweight rating on NetApp.
News For NTAP From The Last 14 Days
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October 22, 2014
11:25 EDTNTAPCisco sale of VCE stake to have limited impact, says Wells Fargo
Wells Fargo thinks Cisco's (CSCO) decision to sell a portion of its stake in VCE is unlikely to have a material near-to-intermediate-term impact on the company's top line since it will continue to sell its networking and compute solutions to the joint venture. Wells says Cisco's "budding" partnerships with NetApp (NTAP), Microsoft (MSFT) and Citrix (CTXS) should more than offset any potential impacts from lessening ties to EMC (EMC) and VMware (VMW).

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