Netapp Stock News

NetApp (NASDAQ:NTAP) had its target price dropped by analysts at Morgan Stanley from $102.00 to $98.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has an overweight rating on the data storage providers stock. Morgan Stanleys target price would suggest a potential upside of 10.26% from the companys current []

NetApp (NASDAQ:NTAP) had its price objective boosted by Northland Securities from $107.00 to $111.00 in a research note issued to investors on Wednesday, The Fly reports. The firm currently has an outperform rating on the data storage providers stock. Northland Securities price target would indicate a potential upside of 24.89% from the stocks previous close. []

NetApp (NASDAQ:NTAP) had its target price boosted by Wells Fargo & Company from $87.00 to $95.00 in a report released on Wednesday, Benzinga reports. The firm presently has an equal weight rating on the data storage providers stock. Wells Fargo & Companys target price would suggest a potential upside of 6.89% from the companys current []

This article was originally published on TipRanks.com. The post NetApp Posts Solid Q2 Results, Raises Guidance; Shares Jump 2.4% appeared first on Smarter Analyst .

NetApp's (NTAP) fiscal second-quarter results reflect continued strength in the Hybrid Cloud and Public Cloud segments.

NetApp, Inc. (NTAP) CEO George Kurian on Q2 2022 Results - Earnings Call Transcript

(RTTNews) - NetApp Inc. (NTAP) announced earnings for its second quarter that rose from the same period last year. The company''s bottom line totaled $224 million, or $0.98 per share. This compares with $137 million, or $0.61 per share, in last year''s second quarter. Excluding items, NetApp Inc. reported adjusted earnings of $292 million or $1.

NetApp Earnings, Revenue Beat in Q2

NetApp (NTAP) delivered earnings and revenue surprises of 4.92% and 1.25%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

NetApp (NASDAQ:NTAP) reported its Q2 earnings results on Tuesday, November 30, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Shares of NetApp, Inc. (NASDAQ:NTAP) have been assigned a consensus recommendation of Buy from the twenty-six brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating on the company. The average []

NetApp's (NTAP) fiscal second-quarter performance is likely to reflect strength in Public Cloud Services and all-flash storage business.